Latin America and the Caribbean continued its economic growth in 2012, but the slowing-down pressure increased with apparently moderate growth of 3.1% of GDP and 2% of GDP per capita. In 2012, the slower growth of major economies in the region affected the whole region's economy, resulting in foreign trade growth slowing down and macroeconomic indicators not generating large fluctuations. Prudent macroeconomic policies and positive monetary policies dominated the economic tendency of the whole region, but there was a difference between policy and goal orientation in different countries. In 2013, Latin America and the Caribbean will still confront some uncertainties such as the economic tendency of major countries in the region and Venezuela's political and economic dynamics.
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