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16 September 2009

Argentina, Ecuador And The IMF.

THE ECONOMIST/
"When the world economy was booming and prices for South America’s commodities were high, several left-wing governments in the region liberated themselves from what they denounced as the oppressive tutelage of the IMF, and embarked on a dash for growth powered by big increases in public spending." Today, such policies are harder to finance.
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Labels: Argentina, Ecuador, IMF
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