{"id":2321,"date":"2011-03-25T09:41:28","date_gmt":"2011-03-25T14:41:28","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=2321"},"modified":"2011-03-25T09:42:49","modified_gmt":"2011-03-25T14:42:49","slug":"new-consumer-class-powering-economic-growth-across-south-america-2","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/new-consumer-class-powering-economic-growth-across-south-america-2\/","title":{"rendered":"New consumer class powering economic growth across South America"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/media3.washingtonpost.com\/wp-dyn\/content\/photo\/2011\/02\/26\/PH2011022601386.jpg\" alt=\"\" \/><\/p>\n<p>As we have seen here in Panama, the growing middle class is is a huge\u00a0\u00a0new\u00a0consumer base that is helping to fuel the economic growth throughout Latin America.\u00a0<\/p>\n<p>The irony, as laid out in a recent\u00a0<a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/reo\/2010\/whd\/eng\/wreo1010.htm\">report by the International Monetary Fund<\/a>, is that history&#8217;s traditional No. 1 consumer, the United States, is still sputtering from the economic crisis as consumer confidence remains frail. The worldwide recovery is instead driven by emerging economies, with Asia in the lead along with several South American countries, the report said.<\/p>\n<p><a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2011\/02\/25\/AR2011022506445.html?nav=rss_email\/components\" target=\"_blank\">Here is the full report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we have seen here in Panama, the growing middle class is is a huge\u00a0\u00a0new\u00a0consumer base that is<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[21,42,16,29,18,22,19,14,11,6,20,31,7,15,44,17],"class_list":["post-2321","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-energy","tag-estate-homes-in-panama","tag-estate-planning","tag-exchange-property-in-panama","tag-foundations","tag-hydro-electric","tag-investments-in-panama","tag-legal-issues","tag-offshore-real-estate","tag-panama","tag-panama-economics","tag-panama-property-exchange","tag-panama-real-estate","tag-tax-issues","tag-travel-to-panama","tag-trusts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New consumer class powering economic growth across South America - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/new-consumer-class-powering-economic-growth-across-south-america-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New consumer class powering economic growth across South America\" \/>\n<meta property=\"og:description\" content=\"As we have seen here in Panama, the growing middle class is is a huge\u00a0\u00a0new\u00a0consumer base that is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/new-consumer-class-powering-economic-growth-across-south-america-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog and Newsletter\" \/>\n<meta property=\"article:publisher\" 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