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Americas: The Prospects of ALBA and Banco Sur

Categories: Latin America, Argentina, Bolivia, Brazil, Ecuador, Paraguay, Venezuela, Development, Economics & Business

At Peru Politico [ES], Mariana Costa breaks down whether the Bolivarian Alternative for the Americas (or ALBA for its initials in Spanish) and the Banco Sur will be good for the integration of the region [1]. She is hopeful for the prospects of the Banco Sur, which will provide an alternative lending institution to the traditional World Bank and International Monetary Fund.