Hamburg, Germany: Institut fur Iberoamerika-Kunde (IIK), GIGA German Institute of Global and Area Studies/Leibniz-Institut fur Globale und Regionale Studien
Location:
African American Research Center, Library, University of Illinois at Urbana-Champaign
Most economies in Latin America and the Caribbean were supported primarily by exports in 2005, and economic growth, though slower than in 2004, was at more than 4 % and still above the average annual growth rate from 1996-2005. While slower but still relatively robust growth is anticipated for 2006, the outlook is not particularly favorable for approaching the remarkable growth in other developing nations and regions as serious economic risks threaten development.
