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Latin America’s Economy in 2002 - Divided by Confidence? - September 2002 |
| | Economic Outlook | | | Author: John Price InfoAmericas President |
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Latin America, at least South America, is having an awful year. Notwithstanding the IMF’s 11th hour rescue of Brazil, the southern continent suffers from a crisis of confidence which is driving damaging divestment. Latin America as a whole will grow only barely this year. Looking at South America and Central America (including Mexico) separately, we see two different stories
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