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Since 2020, the economies of the world have been hit by a series of severe shocks, most dramatically the COVID-19 pandemic and the Russian invasion of Ukraine. As a result, after growing around 3.9% last year, Latin America and the Caribbean region now faces considerably lower growth projections for 2023, with private forecasters predicting growth […]
The post Preparing the Macroeconomic Terrain for Renewed Growth appeared first on Ideas Matter.
With inflation in Latin America and the Caribbean running at its hottest in two decades, the issue of where that inflation comes from and what the region’s central banks might do differently has taken on great urgency. Our newly released study arrives at a hugely important conclusion: the overwhelming bulk of inflation in the region […]
The post The Universal Factors Behind Inflation in Latin America and the Caribbean appeared first on Ideas Matter.
When war broke out between Russia and Ukraine at the end of February, businesses and governments in Latin America and the Caribbean worried that the war’s disruptions would cause significant harm to the region’s trade. What now seems clear is that rather than being deeply harmed, Latin America and the Caribbean has a significant opportunity […]
The post Boosting Trade to Alleviate Pressures from the Russia-Ukraine Conflict appeared first on Ideas Matter.
After a robust economic recovery last year from the lows of the pandemic, Latin America and the Caribbean faces strong headwinds from potential new coronavirus variants, inflation-fighting efforts in advanced economies, and the war between Russia and Ukraine that could depress world growth and even push the region into recession by 2023. Riding a […]
The post From Pandemic to Inflation and War: Challenges for Policymakers in Latin America and the Caribbean appeared first on Ideas Matter.