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Latin American Economy & Business - January 2016 (ISSN 1741-7430)

Region: Held back by Brazil and Venezuela

The Preliminary Overview of the regional economies published by the Economic Commission for Latin America and the Caribbean (Eclac) points to general stagnation. The real GDP of the region as a whole is expected to shrink by 0.4% in 2015 and to expand by just 0.2% in 2016. However, this is largely due to the dismal performance of Brazil’s economy. Elsewhere, prospects appear brighter.

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