South America Set to Launch 'Banco del Sur'

Multilateral Development Banks, South America, Global Poverty, Developing Countries, Development

Paul Blustein, Journalist in Residence, Global Economy and Development

Marketplace, American Public Media

December 06, 2007 —

South America is going to launch its own development bank this weekend. The hope for Banco del Sur -- the Bank of the South -- is that it will spur economic growth in poorer countries like Bolivia and Ecuador. Dan Grech reports.

Brookings Journalist-in-Residence Paul Blustein comments on this new development.

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