In spite of these risks, ECLAC underscores the positive regional growth figures for 2008. As in recent years, South America will grow more than Mexico, Central America and the Caribbean. Although the risks mentioned would have a moderate impact in 2008, economic deceleration will likely continue for some time, with which growth rates for Latin America and the Caribbean could reach approximately 4% in 2009.

Latin America and the Caribbean Continues to Grow, in Spite of Deteriorating International Economic Context. ECLAC report estimates a deceleration in 2009 due to volatility and uncertainty, as well as rising inflation and other factors. Produced by Economic Commission for Latin America and the Caribbean (ECLAC) 2008

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The Global Urban Competitiveness Project publishes periodic studies ranks 500 cities on their ability to attract and use resources to generate wealth. The cities are assessed on nine measures, including income, economic growth, innovation, jobs, prices and the presence of multinational firms.

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