As the global economic crisis continues, Senior Fellow Mauricio Cárdenas, director of the Latin America Initiative, says emerging economies in Latin America and elsewhere are hit especially hard. He says G-20 members must urge the multilateral banks, such as the World Bank and the Inter-American Development Bank, to continue lending to the region and adds that without such assistance the crisis will only worsen.
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Commentary
The G-20 Summit and the Financial Crisis’ Impact on Latin America
March 27, 2009