NEW YORK, Feb. 25, 2011 /PRNewswire/ -- Get contents from IMF at:
Nicolas Eyzaguirre, Director of the IMF's Western Hemisphere Department, said that the Latin American region, by adopting better policies, got through the global economic crisis relatively well. To avoid falling into a pattern of boom-and-bust again, the region should continue to stabilize their economies by keeping growth under control during periods of bonanza and "save for a rainy day" to be able to mitigate bad situations when they arise.
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Story Id: 21860