Success Story

Shannon O’Neil comments on Latin America’s little publicized economic success story. She states:“Its economies have flourished. Once known for hyperinflation and economic booms and busts, Lain America is now a place of sound finances and financial systems. Exports—ranging from soy, flowers, copper, and iron ore to computers, appliances, and jets—have boomed. GDP growth has doubled from 1980s levels to an annual average of 4 percent over the past two decades, as has the region’s share of global GDP, increasing from 5 percent in 2004 to nearly 8 percent in 2011.”

http://shannononeil.com/blog/latin-americas-secret-success-story/