Latin America

Recent economic development of Latin America

• Latin America sees strong growth
  Latin America's economy grew by 5.5% in 2004, its best performance since 1980, while exports registered their best performance in two decades.
• A dream with many hurdles
  When South American leaders agreed the creation of the most important political and economic bloc in Latin America, they felt that the dreams of the nation builders of most countries in the region, Simon Bolivar and Jose de San Martin, were coming true.
• Ecuador's Government Change May Signal Increase in Spending
  Ecuador's third presidential overthrow in eight years may signal a shift toward more spending and less willingness to work with international lending agencies, investors such as Emerging Sovereign Group's Jaime Valdivia said.