Presentation Latam Economic Outlook: 3Q14

LatAm will grow 1.6% in 2014 and 2.5% in 2015, similar to 2013. The sharp downturn in regional growth in the first half of this year is behind us. The Pacific Alliance will grow by 3.1% and 4.0% in 2014-15, well above the regional average. Slowdown reduces pressure on external deficits, but increases the pressure on fiscal accounts.

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