MercoPress, en Español

Montevideo, March 29th 2024 - 06:49 UTC

Tag: outperformed

  • Thursday, April 14th 2011 - 23:50 UTC

    Mercosur outperformed in 2008/09 recession and during 2010 recovery

    Praise for Mercosur members in anticipation of WB and IMF spring meetings

    Latin America and the Caribbean have weathered the 2008-2009 recession much better than it had previous downturns. However less well-known is that the region, particularly Mercosur members, also decisively outperformed many other regions during the same period with a decline in growth smaller than that of the middle-income country average and with a rebound that was swifter and stronger.