January 25, 2013

Can Latin America Teach Europe Economics?

Padgett & Esposito, Time

AP Photo

If there were words for schadenfreude in Spanish and Portuguese, you might hear them uttered on the streets of Santiago this weekend. On Jan. 26 and 27, the Chilean capital will play host to a Latin American-European economic summit—and the developing region might be excused for feeling a little smug in the company of First World guests who not long ago looked down their noses when they looked across the Atlantic.

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TAGGED: Europe, Latin America

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