Latin America and Caribbean growth will be 4,7% in 2011.

        This is a summary. The title is above. It was published in ECLAC webpage.

       According to a report published in 13 July 2011 by ECLAC, L.A. will grow by 4,7% thanks to the boost of internal demand. IN the economic survey of  L.A. presented by executive secretary of the U.N. Alicia Barcena, the current situation calls for close attention. Ms. Barcena wonders¨ How prepared is L.A. for managing economic growth? We must recocer the fiscal space in order to be able to take measures to ensure sustained growth with productive employment and equality.
      In 2011, the growth is mainly being driven by consumption which is attributable to improved labour indicators and increased credit.
      In terms of countries, the fastest growing this year will be:  1º)  Panama 8.5%   2º)  Argentina 8.3%   3º)  Peru 7.1%   4º)  Uruguay 6.8%   5º)  Ecuador 6.4%   6º)  Chile 6.3%   7º)  Paraguay 5.7%