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Macroeconomic Report on Latin America and the Caribbean 2012

image of Macroeconomic Report on Latin America and the Caribbean 2012
The Macroeconomic Report on Latin America and the Caribbean is a new ECLAC publication designed to meet the need for up-to-date analysis of the region's macroeconomic performance amid shifting conditions. It compliments the Economic Survey of Latin America and the Caribbean and the Preliminary Overview of the Economies of Latin America and the Caribbean.

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Executive summary

The first quarter of 2012 unfolded against an international backdrop clouded by uncertainty over euro zone risk factors, a slowing Chinese economy, precarious growth in the United States and the potential for geopolitical conflict that could halt the flow of oil and send oil prices skyrocketing. These months have seen some lessening of the euro zone risks thanks to European Central Bank refinancing operations starting in late 2011 and an initial stabilization programme negotiated with the Government of Greece.

English

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