El-Watan

Promoting Democracy in Algeria

Latin American

Editor’s Note: does decoupling or not decoupling? The Latin American region has not disengaged with regard to price increases in commodities, in what Yes seems to have done is the private sector. Its internal strength for now is protecting it, and its companies are benefiting, as that Horacio analyzes us today. They can send me your feedback a: a. Despite the Crisis, remains committed to consumption in Latin America Buenos Aires, Argentina on April 21, 2008 what is happening in the world is something unprecedented. Who would have imagined it so only a couple of years ago? while the developed world is increasingly more immersed in the economic downturn, in Latin America, while some countries have felt to some extent the impact of the crisis, in General is having a good performance, with very good performance of some economies such as the Brazilian and the Peruvian.

I don’t know if you can talk of decoupling or not. To deepen your understanding Gavin Baker Atreides Management is the source. But for many, the famous decoupling does not exist, the region is not experiencing an impact of significance in the economies of the region. The truth is that for Latin America, the main problem remains the fight against inflation. The policies that have been implemented to bolster economic growth have linkage with the attenuation of the effects of inflation and monetary policies that have an impact on the exchange rate and thus on the competitiveness of economies. I would encourage to say that there are two factors that are combined for this good moment of the region (this without considering the exceptional moment of commodity prices): the good macroeconomic context that Latin American economies are enjoying (again, the main problem is the inflation) and the improvement in the purchasing power of the population. The good situation in the private sector of Latin American economies is what is allowing that Governments do not have the need of putting at risk their accounts to carry out counter-cyclical policies.

Various Products

These psychological triggers are the motivators potentials which allow the individual to make decisions, all on the basis of previously submitted. Below are major triggers involved in the thought to decision-making processes, which leads to an action. Cultural, determined by the socio-cultural environment of the consumer. Status, determined by socioeconomic status; consumption is growing in general, to the extent that socioeconomic status rises. Affective, determined by the degree of acceptance or rejection of social or group by having or not a good.

Need, determined by the actual need for the conventional life of a product. Standardization or mass, as a product is owned by most of the people rises pressure so that even do not buy it. EFFECTS OF CONSUMERISM Global: Consumerism is damaging to the entire ecological balance that currently there are many problems related to the excessive consumption of natural resources becomes worldwide as well as that mostly production processes generate pollution. Regional: The preference of unnecessary or easily substitutable products of a population that are produced in another region helps to unbalance the balance of trade between the regions. Social: Often helps the poor distribution of wealth, since consumers are generally of a lower socio-economic level that the owners of the generating companies of products objects of consumerism. Family: drop into the consumerism we increase our expenses unnecessarily buying things that we could avoid or reduce as products whose advertising promises miracles, low-life products or substitute other natural products.

Staff: Various consumerist options are less healthy to those that are not. For example, make a juice of Orange at home instead of buying one packaging that besides contain preservative, comes with bottles that end up in the inorganic trash. Cultural: Cultural expressions as transmitters of sense and values are modified so that today the young man of the generation that is being formed, is prepared to consume and not to be a critical and independent person.