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Latin America isn’t at risk of a 1980s-style crisis (but an era of missed opportunities looms)

Latin America isn’t at risk of a 1980s-style crisis (but an era of missed opportunities looms)

Food lines that stretch across multiple city blocks. Spiraling unemployment. Out-of-control inflation. Unsustainable debt. These issues, which traumatized many economies across Latin American in the 1980s, continue to reverberate today and, given current economic conditions, you could be forgiven for fearing that history is about to repeat itself. However, the region’s biggest risk at present is not another “lost decade” fueled by financial crises, but rather a decade of missed opportunities. […]