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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (44721)	1/4/2009 4:52:48 PM
From: elmatador	Read Replies (1) \| Respond to of 217615

LATAM extraordinary resilience in the face of the financial shock. Latin America is less vulnerable Thus far, the economies of Latin America have shown extraordinary resilience in the face of the financial shock. Latin American markets have suffered from contagion effects, but the region's financial institutions have remained strong for two reasons: They have low exposure to risky assets, and they benefit from higher standards of regulation by governments well-schooled by the financial crises of the 1980s and 1990s. The region is estimated to have grown by 4.6% in 2008, but the slump in global demand will cause it to slow to around 2.8% in 2009. Countries more exposed to international trade and external financing will be hurt more, while those that rely more on domestic markets and have the fiscal room to manuever will perform better. Message 25296538