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Can Argentinas decrease in growth rate actually help the economy?

The World Economic Outlooks report forecast figures for Latin American growth rate were brought down by the IMF on Tuesday to 2.7%. The Chief Economist for the World Bank’s Latin America and Caribbean Office, Augusto de la Torre said that Argentina is above Latin America and Caribbean countries average in terms of growth this year with a combined estimate of 2.5% for the region. Cristina Kirchners administration optimistically forecast 6.2% for this year. However according to the 2014 Budget both institutions…
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