Latin America and the Caribbean - 4 views
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gtgomes17 on 02 Nov 16Illustrating how the Bank's role in Latin America and the Caribbean has evolved in recent decades, countries in the region now turn increasingly to the institution for more than direct lending, including such services as risk insurance, commodity swaps, and climate adaptation finance.
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Kay Bradley on 03 Nov 16The region is doing worse. "Latin America and the Caribbean finds itself in the fifth year of an economic slowdown and the second consecutive year of GDP contraction. Worsening external conditions coupled with domestic challenges have reduced expectations for regional growth to -0.7 percent in 2015, with economic activity projected to drop to -1.3 percent in 2016." But also, Mexico and the Caribbean are experiencing 2% growth, while South America is declining 1.7% or more. Why?
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gtgomes17 on 03 Nov 16I think it is because (and this is just a theory, I do not know for certain) Mexico and the Caribbean have a direct relationship with the USA, which gives them extra economical assistance outside the World Bank.