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El exito de LAC se somete a prueba : El exito de LAC se somete a prueba (西班牙语)

Latin American and Carribean economic recovery in 2010 exceeded the performance of other middle income countries. It started earlier and has been much stronger. This recovery has been led by a strong rebound in domestic demand which in turn has stimulated considerable gains in terms of trade and an important input of capital flows. With the exception of a few countries (including Mexico), recovery in the region has created jobs at a relatively fast pace. Cyclical growth performance has been quite uneven across different countries in the region. At one extreme are several South American countries - among them Argentina, Brazil, Peru, Paraguay, Uruguay Colombia and Chile that have experienced a strong recovery. At the other end is Mexico and Caribbean countries, whose growth rates had the largest drop in 2009 and where growth in 2010 has been insufficient to completely reverse the loss that happened during the crisis. As the recovery phase of the economic cycle in the region matures, the probability of a rise of tensions and "trade-offs" in policy economic is growing. In this context, the local dynamics will play an increasingly important role even though global risk factors still remain. Also the gains that have been made need to be invested in human capital (through improvements in coverage and quality of education and health), physical capital (Infrastructure), and innovation.

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