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Latin America may be in its third year of economic recovery with reasonable prospects for next year, but that is not quite enough to banish the ghosts of decades of starts and stops. Against the backdrop of current growth, the IMF’s Western Hemisphere Department convened a day-long conference to examine the recent research of IMF economists and outside specialists on the issue of economic growth—perhaps the most important factor in poverty reduction—and the outlook for continued expansion in Latin American and Caribbean countries.