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High rates of poverty and bad income distribution remain as the main problems of the region. The last few years has shown that Latin America economy is getting stronger and growing at unprecedented rates in the recent decades, making the environment for business much more attractive.
Economic Overview and Challenges
From the middle 1980s to the beginning of the 1990s Latin America was suffering from hyperinflation, which damaged the economic activities. World Bank and International Monetary Fund recommended the fixed exchange rate as an anchor to inflation and as a mean of obtaining economical stability...
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