2018 Latin American and Caribbean Macroeconomic Report


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The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.


Now Available! The 2018 Latin American and Caribbean Macroeconomic Report.

 Download in English or Spanish

Now Available! The 2018 Latin American and Caribbean Macroeconomic Report.

Download the full report in English or Spanish.


Download the ePub in English  or Spanish .
Download the mobi in English  or Spanish .

Country development briefs


How do we spur growth in Latin America and the Caribbean?

Why isn’t Latin America and the Caribbean growing like it should, and how do we turn things around? Andrew Powell and Eduardo Cavallo present the findings of the 2018 IDB Macroeconomic Report at its Washington, DC release.

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Routes to growth in a new trade world  The 2017 Macroreport considers recent developments in the global economy and how they may affect Latin America and the Caribbean. It reviews how countries are adapting to external conditions and how those policies may be improved. This year, the report focuses particularly on deeper and smarter regional integration as an attractive route to boost productivity and growth.
2016 Latin American and Caribbean Macroeconomic Report: Time to Act: Latin America and the Caribbean Facing Strong Challenges  The commodities boom that once buoyed the region’s economies is over, and countries have less fiscal space to undertake counter-cyclical policies than they did during the global financial crisis. This year’s Latin American and Caribbean Macro Report surveys the challenges facing the region in a new economic era and offers guidance on how policymakers can reduce long-term risks in a period of lower growth.
2015 Latin American and Caribbean Macroeconomic Report: The Labyrinth: How Can Latin America and the Caribbean Navigate the Global Economy  The 2015 Latin American and Caribbean Macroeconomic Report argues that the region is in the midst of a labyrinth and must navigate several global and domestic obstacles—including lower commodity prices and new types of financial risks—to ensure strong and sustainable growth. The report suggests that many countries must make fiscal adjustments to avoid higher debt without compromising the significant social gains of recent years, and details both the types and speed of policies that may be adopted. The report urges each country to fashion its own specific response based on its particular circumstances and further enhance productivity to attain higher, long-term growth.

Global Recovery and Monetary Normalization: Escaping a Chronicle Foretold?  Monetary normalization may be a chronicle foretold, but countries still have the power to influence the outcome for their own economies. This report focuses on the risks Latin American and Caribbean countries face and how they can reduce vulnerabilities and enhance opportunities.

Rethinking Reforms: How Latin America and the Caribbean Can Escape Suppressed World Growth  Global growth projections have waned since last year and growth may be suppressed below potential for several years to come. Lower global growth will, all things being equal, imply lower growth in Latin America and the Caribbean. At the same time, clear limits to the potential use of monetary and fiscal policy measures pose another constraint. Consequently, countries should consider further structural reform measures to enhance economic prospects and to escape suppressed global growth. If all countries pursue reforms to enable growth to accelerate by 1.5% on average, then the effect on the region as a whole may reach 2.3% additional growth per annum.
The World of Forking Paths: Latin America and the Caribbean Facing Global Economic Risks This report details the divergent paths that the world economy may take and their potential effects on Latin America and the Caribbean. Scenarios are constructed employing a modeling exercise that captures the trade, financial and other linkages between the region and the rest of the world. While vulnerabilities remain and external shocks have been and remain critical, the region enjoys many strengths and has developed a growing arsenal of policy tools. What is the balance of vulnerabilities versus strengths? How can countries address the existing vulnerabilities? How can they perfect their policy tools and minimize the effect of external crises?
Date Time Title Location
Apr 05, 2018 4:00 PM - 6:00 PM Launch of the 2018 Latin American and Caribbean Macroeconomic Report: A Mandate to Grow Inter-American Development Bank : Washington, D. C. : United States of America : B-502


Date Title
Jul 24, 2018

Peru Should Focus on Investment Quality (in Spanish)

Gestión - Perú

Jul 24, 2018

There Are Problems with the Quality of Private Investment (in Spanish)

El Comercio - Perú

Jul 24, 2018

BID: There is a Risk of a Lower Growth in Investment (in Spanish)

La República - Perú

Jul 24, 2018

The Economy Grew by 4.5% (in Spanish)

Perú 21 - Perú

El Peruano - Perú

Diario Uno - Perú

Publimetro - Perú

Del País - Perú

RPP Conexiones - Perú (audio)

Jul 24, 2018

Peru will Grow More than 4% this Year (in Spanish)

Andina - Perú

El Peruano - Perú

Revista Gana Más - Perú

Rumbo Minero - Perú

El Economista - Perú

Jul 23, 2018

Peruvian Central Bank and IDB Present Latin American and Caribbean Macroeconomic Report (in Spanish)

Andina - Perú

Proactivo - Perú