Latin American Economies Steady Despite Global Financial Shock
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WASHINGTON — When the international financial crisis of the late 1990s hit Latin America hard, regional leaders pledged to find their own path to recovery and reduce their dependence on Washington-based lending institutions. Nobody could have imagined at the time that the U.S. would be the epicenter of the next international turbulence, a global credit crisis through which Latin America would still manage to sustain an economic expansion.
admin @ June 6, 2009