:: Latin America: Getting Out Of The Hole ::

Lately, there have been news about this region of the world having a more responsible and sound economy. Having Argentina (8,3%)* and Chile (6,2%)* as the main exponents of this stability, followed by Peru (7,1%)* and Brazil (3,2%)*. Also pointing out that Venezuela (8,2%)* has lowered poverty levels 10% in the last three years, only to be out done by Argentina, achieving a 19% decrease in the same amount of time.

In the commerce side, Chile and Peru increased their exports by 37,5% and 36,6 respectively. And inflation was kept low in an average of 4% across the region. Having Argentina and Venezuela as the nations with the highest inflation levels (both around 15%), and Peru showing a responsible 1,7%.

In average, the Latin American region has lowered poverty 4%.

*Economic Growth By Year.