Cash money.The movement of private capital into Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. took a hit last year. Net inflow in·flow n. 1. The act or process of flowing in or into: an inflow of water; an inflow of information. 2. fell to US$38 billion in 2006 from $63.9 billion a year earlier, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Institute of International Finance (IIF IIF Institute of International Finance IIF Irish Insurance Federation IIF Immediate IF IIF Innovation Investment Fund (investment supporting R&D new technology/science ventures) IIF Intuit Interchange Format ), a global association of financial institutions. Many institutions paid down debts abroad, accounting for the decline. Latin America followed the emerging-market trend globally: Net inflow to developing economies came to $418 billion in 2006 compared to $485 billion a year earlier. Latin America should look forward to 2007. Net money coming into the region should rise 35.2%, to an estimated $51.40 billion. The region took in 9% of global capital inflow in 2006, a figure that should climb to 13% in 2007. Brazil will take in the most, followed by Mexico, according to forecasters. [GRAPHIC OMITTED] The Asian-Pacific region will take in 38% of the capital flows bound for emerging markets, the IIF says. Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. will take in the lion's share at 42%. |
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