Date: Tue, 16 Dec 1997 20:17:55 -0500 (EST) From: "L.R.F." <trinity-AT-hot-shot.com> Subject: M-G: LATIN AMERICAN ECONOMIES > 12/16/97 14:34 > > Latin America could benefit from Asian financial crisis: analysts > > NEW YORK. Latin America stands to benefit from the Asian financial crisis, especially if the result is quicker restructuring of the region's economy, experts here said Tuesday. "Although the crisis has been viewed as negative for the region, we believe Latin America will be a clear beneficiary of the Asian crisis," Merrill Lynch chief economist Bruce Steinberg said at a news conference. Eduardo Cabrera, another expert with Merrill Lynch, told AFP that an "excess of liquidity will stimulate regional markets," adding that Latin America will continue to have "one of the most dynamic economies in the world."{AFP} Beyond belief. L.R.F. {address information removed due to harassment and abuse by internet thugs and their frontmen.} --- from list marxism-general-AT-lists.village.virginia.edu ---
Display software: ArchTracker © Malgosia Askanas, 2000-2005