Latin America and the Caribbean are expected to emerge from the financial crisis earlier than the advanced economies, according to the latest Regional Economic Outlook: Western Hemisphere report of the International Monetary Fund (IMF).
Expect growth the second part of 2009. While growth in advanced economies may not turn positive until the middle of 2010.
Read more here.
Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Western Hemisphere Will Recover Faster Than Advanced Economies Despite Global Turmoil
Friday, May 8, 2009
0
comments
A financial problem that began in the United States is making its way across the globe. Now, the American bailout is going global, too, a move that could raise its cost and increase scrutiny by critics.
Read more here.