Ⅰ 2010 economic situation of Latin America

1.Stable recovery of global economy

In 2010，although the global economy is interfered by the sovereign debt crisis of some European countries，it was ever likely to “secondarily hit the bottom”. However，this crisis cannot be compared with Lehman bankruptcy after all，the world economy is still in the path of stable recovery. In 2010，the global economy is expected to grow by 4.8%，wherein the growth of the developed economies is 2.7%，and the economic growth rate of America，Euro zone and Japan is respectively 2.6%，1.7% and 2.8%. ^[1] And the economic growth of the emerging economies will be up to 7.1%，wherein，pulled by the strong growth of China and India，the developing Asian emerging economies will grow by 9.4%，which indicates the emerging and developing economies have become the main motivation of the global economic growth. For the trade and investment，the global commodity and service trade are expected to grow by 11.4% in 2010 after declining by 11% in 2009，wherein the commodity trade growth is 12.5%. For investment，the FDI net inflow of the emerging economies will reach USD296.3 billion which is higher than USD240.8 billion in 2009，and the net inflow of the security capital is expected to be USD32.8 billion，and continues to maintain the trend of rapid net inflow in the second half of 2009. Under the impact of the low inflation of America and Japan，the inflation rate of the developed economies in 2010 is only 1.4%，and the inflation pressure of the emerging economies sharply increases and is expected to reach 6.2% in 2010 under the impact of rapid inflow of capital and passive excessive currency issuance.

2.The Latin American economy strongly recovers，but the difference of all countr