IMF's Rato at the MIT Latin Conference

In a speech given on 27 April Rodrigo de Rato of the IMF said Latin America's future is not entirely in its own hands.

"When we zoom out a little and look at the regional view, we see that half of the variation in growth in Latin America over the past fifteen years has been due to changes in external conditions. These include movements in commodities prices, shifts in international interest rates and spreads, and global growth. And when we zoom out further and take the global view, we see that

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