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How an Economic Downturn Affects Latin America

Oct 27, 2015 | 09:00 GMT
In its first regionwide downturn since 2009, Latin America's economy is projected to contract by 0.3 percent in 2015 according to the International Monetary Fund's World Economic Outlook.
A gas station attendant fills up a car in Montevideo, Uruguay.
(AFP PHOTO/Miguel ROJO)

Latin American states have not experienced the commodity downturn in the same way. A closer examination reveals that projected economic growth for 2015 and 2016 broadly puts states in the region into three groups: negative or negligible growth, moderate growth and high growth. ...

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