The economic crisis frustrates Latin America's efforts to establish the Bank of the South


Update The economic crisis frustrates Latin America's efforts to establish the Bank of the South 10 March 2009 Only a year ago many governments in Latin America expressed their desire to separate themselves from the World Bank and IMF loans. But, because of pressing financial needs, many Latin American governments have been forced to consider accepting funds from multilateral banks. In many ways this change has hindered the creation of the Bank of the South. For English version, see IFIwatchnet. For full Spanish version, click the Español link at the top right-hand corner of this page. See also Argentina Bolivia Brazil Chile Colombia Ecuador Guyana Latin America Paraguay Peru Suriname Uruguay Venezuela Bank of the South Inter-American Development Bank International Monetary Fund World Bank (IBRD & IDA) Print this page Email this page		Search Regions Africa Asia Europe/Central Asia Latin America Middle East and North Africa Institutions AfDB CAF ADB Bank of the South EBRD IDB IFC IMF MIGA World Bank Key Issues Forests IFC Policies and Standards Review World Bank Energy Strategy Review World Bank Safeguards Review World Bank Transparency Review Stay Informed! Sign up for our e-newsletters. SignUp

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