Acton Institute Powerblog

Acton Commentary: Bad News for Latin America

A wave of financial protectionism is embedded in much of the stimulus legislation and bailout measures that have been adopted in Europe and America in recent weeks. One result of these ill-advised moves will be a dramatic reduction in private capital flows to emerging markets in 2009. “Among the biggest losers will be Latin American nations,” warns Samuel Gregg in his commentary.

Read the commentary at the Acton website and comment on it here.