AS/COA Online | Latin America Springs Forward

Latin American economies appear to be waving goodbye to the global financial crisis and welcoming recovery. The World Bank and International Monetary Fund (IMF) released reports this week predicting regional growth will hit at least 4 percent in 2010. With recovery occurring faster than previously predicted and emerging markets leading the charge, Latin America’s rebound ranks second only to Asia’s. Still, challenges remain, such as increased poverty rates stemming from the recent downturn and worries about future asset bubbles similar to those experienced in advanced economies.

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