| Latin America and the Caribbean are emerging from a discouraging two years of stagnant growth, but the region is firmly keeping to responsible economic policies and democracy, the president of the Inter-American Development Bank said today.
“Latin America is going through certain moments of concern, difficult times,” said IDB President Enrique V. Iglesias in his closing address to the 43rd Annual Meeting of the Bank’s Board of Governors. “But in general terms, these are birth pangs, not death throes.”
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