Wednesday, July 26, 2006
The U.N. Economic Commission for Latin America and the Caribbean (ECLAC, or CEPAL in Spanish) has just put out its mid-year figures, projecting a 5 percent economic growth for the region in 2006, the fourth consecutive year of continuous expansion. That's the good news. But the (somewhat disguised) bad news is that, despite its best performance in the past 25 years, Latin America is the slowest-growing region in the developing world. Read the full press release and country-by-country figures at this site.