RealNews

Latin American economy improving but lagging

As 2007 comes to a close, here goes an evaluation of Latin America’s performance: The region is doing fairly well, but is continuing to fall dangerously behind the rest of the developing world. Let’s start with the good news: Latin America and Caribbean economies grew by an average 5.6 percent in 2007, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). It marked the fifth year in a row of continued growth — a good record in a region with a long history of wild economic swings. Full Story

OODA Analyst

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