Southern Bank: An alternative for development finance?:
Several Latin American governments as well as civil society organizations and movements are looking for alternatives sources for financing development in the region. The proposal of a Souhtern Bank is an attempt to fulfill this objective. However, we must ensure that it be a democratic institution, as well as an economically, socially and environmentally fair one. Above all, the Southern Bank should not reproduce the institutional, economic or political model of current multilateral financial institutions.

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