The Policy Conundrum in Latin America and the Caribbean: Let’s Revisit the...
The IDB’s 2016 Macro Report Time to Act outlines the tough policy conundrum facing the region: low growth to 2020, monetary policy—where it exists—limited by higher inflation and many countries being...
View ArticleMaking Saving a State Policy
Over the last three decades, Chile has led the way in promoting greater national savings in Latin America and the Caribbean. Beginning in the early 1980s with a pension reform that introduced...
View ArticleWhen Too Much External Borrowing to Finance Investment Gets Dangerous
Life is full of people who never save, spend like sailors, and find from one day to the next that they’ve maxed out on their credit cards and must cut back on their lifestyle and even long-term...
View ArticleCan Latin America’s Engagement with China Deepen?
In November 2016, China’s Ministry of Foreign Affairs released a white paper to guide its relationship with Latin America and the Caribbean through the end of 2019. The paper, encompassing the full...
View ArticleMacroeconomic Challenges for Latin America and the Caribbean
As the October 2017 meetings in Washington wind down, the good news is that Latin America and the Caribbean is out of recession and set to grow at 1.2% this year. Only three countries (Suriname,...
View ArticleForthcoming IDB Report: A Mandate to Grow
Global economic fundamentals appear to be strong. Yet, Latin America and the Caribbean is expected to grow at rather mediocre rates in the coming years. Given recent projections, the region’s share of...
View ArticleU.S. Tax Reform: Challenges for Latin America and the Caribbean
The massive U.S. reform of corporate taxation that slashed rates from 35% to 21% seeks to increase investment, create jobs, boost wages and spur growth within the United States[1]. But it will...
View ArticleBoosting Growth in Latin America and the Caribbean
Growth in Latin America and the Caribbean has been disappointing. For commodity exporters, the exceptional 2002-2012 boom boosted investment and relaxed fiscal constraints, but many countries made...
View ArticleLatin America Needs Greater Investment and Productivity. This Is Why
As the global economy gains strength and Latin America and the Caribbean recovers from recession, the region is actually falling further behind, continuing to lose its share in global GDP and putting...
View ArticleGreater Efficiency and the Path to a Prosperous Future for Latin America and...
Latin America and the Caribbean has a difficult puzzle to solve. Growing national income is feeding demands for more and better government services. At the same time, because many governments...
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