| |
 |
|
SKY RESIDENCES! Ocean Front Condo in Balboa Ave. |
|
| FAB Apartment in Sky Residences! For Sale!Enjoy this spacious 2/2.5 Apartment overlooking the new Cinta Costera, Casco Viejo and Amazing... |
|
| » view property |
|
ARTICLES |
|
Latin America's Economy holding strong
December 30, 2009
by Poder 360
In a recent article in Poder 360 by Shelly Shetty it states how Latin America's economy will rebound in 2010 and mentions how the economic status of most Latin American countries have long withstood the stress test of the global economic crisis. With panama expected to grow 4% in 2010 mainly due to the panama canal expansion.
Below is an excerpt from the article published in Poder 360
It seems as Latin America has long withstood the stress test of the global economic and financial
crisis relatively well. The region entered the period of the global
financial crisis in relatively good health with record-high
international reserves, manageable external account imbalances, modest
government debt burdens and comparatively healthy financial systems
that were not exposed to "toxic" assets or highly dependent on external
funding.Fitch expects the regional economic growth to recover to 3.6 percent iFitch
expects the regional economic growth to recover to 3.6 percent in 2010
from -2.9 percent in 2009. The region's recovery will be underpinned by
a more favorable global financial and economic environment, a further
modest increase in commodity prices and continued capital inflows.underpinned by a more favorable global financial and economic environment, a further modest
The recovery in global trade as well as the continued expansion of the
Panama Canal will support the economic rebound in Panama, while
improving terms of trade, a recovery in domestic demand and continued
credit growth will support growth dynamics in Peru.
|
|
|
ARCHIVES >>
|
|
|
