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Analysis

Latin America – Under the Latin American Volcano (Kenneth Rogoff, Project-Syndicate)

Most of Latin America is still far from the horrific conditions prevailing in Venezuela, where output has fallen by a staggering 75% since 2013. But, given the ongoing humanitarian catastrophe there, and the specter of political instability elsewhere, investors should not take a sustained economic recovery for granted.

Under the Latin American Volcano by Kenneth Rogoff – Project Syndicate (project-syndicate.org)