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Historically, catalog development and sales have been hindered in Latin America by wild inflationary spirals, poor delivery mechanisms, low credit card and telephone penetration and an underdeveloped list business.
Times have changed. Latin America has won its fight against uncontrolled inflation, and good quality databases are becoming available. In addition, privatization of local and regional telecoms has improved telephone service and access, and local postal administrations have improved mail delivery.
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