NewsWhore
05-04-2011, 03:30 PM
The International Monetary Fund (IMF) Western Hemisphere director Nicolas Eyzaguirre has warned that in the Dominican Republic the demand is increasing above the GDP potential that means that "they are creating inflationary pressures or pressures for a deficit in the current accounts". The IMF experts have found similar issues in other Latin American countries and describe the situation as "dangerous".
In general the IMF is witnessing what it describes as an "overheating" in some Latin American economies, which is caused by a growth rate above the potential and the strong push of internal demand. Eyzaguirre said that the x-ray of the economic situation of the region, using an analogy of temperature, showed "Mexico to be the most balanced, with Central America a little colder, South America very hot and the Caribbean, quite frankly, half frozen".
More... (http://www.dr1.com/index.html#8)
In general the IMF is witnessing what it describes as an "overheating" in some Latin American economies, which is caused by a growth rate above the potential and the strong push of internal demand. Eyzaguirre said that the x-ray of the economic situation of the region, using an analogy of temperature, showed "Mexico to be the most balanced, with Central America a little colder, South America very hot and the Caribbean, quite frankly, half frozen".
More... (http://www.dr1.com/index.html#8)