The international financial crisis has generated negative impact upon the economies of the Latin American countries by hindering GDP growth rate，deteriorating terms of trade，and reducing inflows of remittance and tourism incomes. The region's anti-crisis measures include：（1）in the monetary and financial policy area，injecting liquidity in the economy，lowering interest rate，limiting capital outflow，empowering the central bank with more authority，and reducing legal reserve requirement；（2）in the fiscal policy area，cutting tax rate，providing the firms with subsidy and expanding public expenditures；（3）in the exchange-rate and foreign trade policy area，restricting imports，encouraging exports and adopting a more flexible exchange rate；（4）in the sectoral policy area，offering more assistance for the badly-hit sectors like manufacturing，agriculture，real estate and medium-and small-business；（5）in the labor and social policy area，raising wages，widening the scope of coverage for unemployment benefits；and（6）seeking financial aid from the international financial institutions. Economic situation of Latin America in 2010 will depend on whether the world economy can soon recover dynamically and whether the region can maintain the momentum of the anti-crisis policies，encourage exports and restrain from protectionism，promote regional integration and minimize the negative impact of fiscal imbalance.