The Economic Growth in Latin America and the Caribbean - Essay Example

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The author of this essay "The Economic Growth in Latin America and the Caribbean" gives detail information about economic growth that is a very important thing that should be fostered by all countries. It comes with several benefits both to the nation and its citizens…

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The Economic Growth in Latin America and the Caribbean

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Subject: Business
Type: Essay
Level: High School
Pages: 1 (250 words)
Downloads: 1
Author: mazieleuschke

Extract of sample "The Economic Growth in Latin America and the Caribbean"

However, this notwithstanding, ECLAC is still optimistic that the region will still do much better in the next financial year. I would like to agree with ECLAC for conducting vigorous research and produced realistic findings. Surely, Latin America and the Caribbean countries have had a staggering economy. It managed to produce the worst growth rates since 2009 mainly because of the internal and external forces. The findings are accurate because they link these misfortunes to the challenges faced by China and the weaknesses realized so far in the region’s private consumption.

If the region prioritizes its investments and boosts its domestic demands, it will definitely prosper as projected by ECLAC. This will enable Bolivia to lead the region by registering a record 55% growth in 2015.

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