28 September 2011

Moreno on Latin American Growth

President of the Inter-American Development Bank, Luis Moreno, sits down with Matthew Bishop of The Economist to discuss emerging economies and the future of development and growth in Latin America.  Moreno says that Latin American economies are in good shape and rests most of the problems on the rest of the world's financial problems.  Hopefully his confidence about Latin America is correct, but there is reason to be hesitant.  The Economist pointed out earlier this summer that the growing darling, Brazil, may not be as stable as it appears.  For a whole host of reasons, Brazil is a nation to be excited about when discussing its economy over the past decade, but the rise in inflation is something to watch.

Any Latin American experts want to chime in and share their perspective?