Current moderate growth prospects will make it more difficult to deepen the still-weak stability in the region and, therefore, fundamentally improve its creditworthiness.
It will be an important driver for economic growth over the next four years.
Latin America still shows very high levels of poverty and the most unequal distribution of income in the world.
Lower fiscal and external vulnerabilities diminishes the downside risk for these economies over the short term. A continuation of this recent performance is therefore expected in 2006.
Strengthening the social contract in societies with pervasive poverty and highly unequal distribution of income will continue to challenge many Latin American governments for some time to come.
The fundamentals of the region have improved. Countries have taken advantage of the favorable international environment.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.