Friday, May 08, 2009

Western Hemisphere Will Recover Faster Than Advanced Economies Despite Global Turmoil

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.

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