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Latin America needs to focus on financial stability: IMF

28-Mar-2011 2:22 PM

International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn stated Latin America needs to reduce the volatility of its economic growth by focussing on financial stability and diversifying the region’s economies (Bloomberg, 27-Mar-2011). “Growth in most Latin American economies is now back at potential, or above, and in many of them there are worrisome signs of overheating,” Mr Strauss-Kahn said.