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Regional Reports

Embracing Economic Openness and Global Integration to Address Slow Growth and Development

Embracing Economic Openness and Global Integration to Address Slow Growth and Development

10/2023

The international context appears complex, with slow global progress, geopolitical divisions, and lingering pandemic effects. Rising global funding costs challenge emerging economies, and the Israel-Hamas conflict adds to global uncertainties. As policymakers anticipate encountering external headwinds rather than favorable conditions, the focus should shift away from relying on historical...

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Perspectives 2023: Better than expected, but not so much

Perspectives 2023: Better than expected, but not so much

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,...

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Straw, Wood and Brick: Latin American Economies in the Context of Global Inflation

Straw, Wood and Brick: Latin American Economies in the Context of Global Inflation

4/2022

Latin America and the Caribbean (LAC) has been the most affected region during the COVID-19 pandemic. In spite of the fact that the recovery has been faster than originally expected due to a favorable context of external factors (i.e., low global interest rates and high international prices of relevant commodities), the gap between projected and actual growth still needs to be closed by means of...

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Tailwinds in the Short Run Coupled with Long Run Challenges

Tailwinds in the Short Run Coupled with Long Run Challenges

10/2021

Latin America and the Caribbean has been the most affected region by the COVID-19 pandemic with the deepest economic activity contraction in 2020. However, the recent revision of growth forecasts indicates that 2021 will be better than expected, and the GDP gap relative to pre-pandemic levels could be closed earlier than expected.

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Towards a Dual Agenda of Structural Reforms

Towards a Dual Agenda of Structural Reforms

4/2021

The post-pandemic world will be very different from the one we knew. As will post-pandemic Latin America and the Caribbean (LAC).The changes require deep reforms, very complex to implement. The undeniable acceleration to incorporate technology for automating processes will radically state the post-pandemic economic and social reality.

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