Latin America’s escape from hyperinflation

News of hyperinflation in Venezuela and a currency crisis in Argentina return recurrently to the headlines of international media outlets, but the troubles of these two nations have become anomalies rather than the norm in Latin America. Since the early 1990s, and following decades of economic, political and social instability, most economies on the continent now enjoy sound public finances, stable prices and sustained growth.

From Mexico to Uruguay and Peru to Chile, large, small and medium