Latin America had a tough year in 2016. Economies that had once grown strong by exporting raw materials and agricultural products were hit hard by a free-fall in oil, nickel, coffee and soybean prices. In Brazil, Colombia and Mexico, per-capita gross domestic product, which indicates the amount of wealth per inhabitant, dropped at least 20% from 2014 to 2016, according to the World Bank. It was the end of the commodities boom. Read full article on Medium.