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Can Latin America's Growing Middle Class Deliver on Its Potential?

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The following article was published by the Wharton School at the University of Pennsylvania and Universia.

In most countries of the region, Latin America’s economic growth has been accompanied since 2000 by modern and innovative social policies that have contributed to significant reductions in inequality and widespread poverty. As a result, Latin America has a burgeoning middle class, whose progress in the coming years will determine the future of its nations, according to experts in various international organizations and educational institutions.

LATAM News - July 2011

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In this issue: CEDA puts Latin America on its radar; 2011 ALABC Melbourne Annual Dinner coverage; Feature: The two faces of Panama; Argentina restricts foreign trade; Sao Paulo - an expensive place to do business; Mexico strives for mining investment; The ALABC's Canberra Roundtable coverage; Australia Latin America Awards 2011; Practical legal advice for setting up in Colombia; Junior miner roundup; Biofuels set to become a hotter commodity and a number of upcoming events for your diary.

2011 Australia-Latin America Business Excellence Awards – NOW OPEN

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The 2011 Australia-Latin America Business Excellence Awards are now open and all members are encouraged to apply.

This annual awards program recognises EXCELLENCE in doing business with Latin America. Whether you are exporting, importing, have established a business in the region or are providing services – you are eligible for an award.

Crossing the Copacabana: the wooing of Brazil after Lula

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In economic history, you can see how times change. Once upon a time, a century ago, and even 50 years ago, Argentina was one of the richest economies in the world, and Brazil one of the poorest. But on my recent trip to Brazil one of my hostess’s in Rio de Janeiro commented that “even her maid took her holidays in Buenos Aires because it was now so cheap!” I thought this was symbolic of the recent changes of fortunes for the two South American neighbours.

LATAM News - June 2011

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In this issue: Rio Tinto's engagement with Latin America; Ausenco lands contract in Peru; Further expansion at BHP Billiton's Escondida; Vale ramps up Australian strategy; Investment keeps coming for Mexico's auto sector; Brazil's farming resources; Peru's voters decide; Uruguay fights inflation; Chile's booming IPO market and upcoming ALABC events for your diary.

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