Perspectives 2023: Better than expected, but not so much

Fecha de publicación: 3/2023

The first quarter of 2023 has shown favorable signs for the Latin American and the Caribbean (LAC) economy, with rising prices for key exports like food products and lower oil prices, along with moderating inflation in major economies. However, LAC countries face challenges such as high levels of public debt and the need for greater trade openness. Nearshoring presents a short-term opportunity, but the consolidation of democracy is necessary to fully capitalize on it. Recent elections have demonstrated the importance of democracy in achieving sustainable growth and development, especially for vulnerable citizens

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