CIAO DATE: 07/2014
November 2009
Carnegie Endowment for International Peace
The global financial crisis was a result of failures in both the market and state—markets created financial turmoil and regulatory agencies failed to detect risks and correct imbalances. As Latin American countries emerge from the crisis, both the market and state are needed to ensure sustainable growth.
Resource link: Market Versus State: Postcrisis Economics in Latin America [PDF] - 1.3M