RESEARCH DEPARTMENT
The IDB has researchers in many departments producing working papers on economic and social topics. Many of these documents constitute background research for the IDB’s flagship publication "Development in the Americas" prepared by the Research Department. In addition, the IDB finances and mentors studies conducted by other institutions in order to build knowledge and research capacity. All IDB working papers are peer reviewed and meet high editorial standards.
2023 LATIN AMERICAN AND CARIBBEAN MACROECONOMIC REPORT: Preparing the Macroeconomic Terrain for Renewed Growth
Coordinated by Arturo Galindo and Victoria Nuguer
- Latin America and the Caribbean needs to implement macroeconomic policies to lower inflation and mitigate the impacts of an adverse global context in 2023.
- A baseline scenario sees the region growing by 1% in 2023 after better-than-expected growth of 3.9% in 2022. Growth is predicted to reach 1.9% in 2024.
- Countries are facing a triple social, fiscal and growth challenge that is limiting their development and that of their population. They have the tools to address this challenge if they make the appropriate policy choices.
DIA: Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean
Edited by Andrew Powell and Oscar Mauricio Valencia
- Total debt in Latin America and the Caribbean has grown to US$5.8 trillion, or 117 percent of GDP. Public debt soared during the pandemic, and corporates issued substantial amounts to survive the crisis.
- While taking on debt helped the region weather the pandemic, it is now weighing down its economy. If countries want to grow and reduce the possibility of a deeper debt crisis, they need to bring down debt to prudent levels.
- To achieve prudent debt levels, policymakers can focus on better fiscal institutions, implementing fiscal consolidation, improving debt management, and providing well-targeted assistance to promising private firms.
LATEST BLOG POSTS
Pandemics, while devastating for populations at large, deliver a disproportionate impact when they sweep through the dense informal settlements of developing countries with their narrow alleyways and broken dwellings. Death rates, high everywhere, soared through such places during the COVID-19 crisis. Until recently, however, no research had been conducted on the role of informal settlements […]
The post Policy Options for Combating Pandemics in Informal Settlements appeared first on Ideas Matter.
Single mothers may face significant economic handicaps, an issue of particular concern in Latin America and the Caribbean where 11% of households are headed by a single parent—the highest rate of any region in the world—and most of those households are led by single mothers. This already large share almost triples when taking into account […]
The post The Challenges of Being a Single Mother in Latin America and the Caribbean appeared first on Ideas Matter.
This article is the first in a series dedicated to exploring the opportunities and risks of AI for Latin America and the Caribbean Artificial Intelligence (AI) has emerged as a disruptive force that promises to reshape economies across the globe. With its ability to process vast amounts of data, learn from patterns, and make intelligent […]
The post Can Latin America and the Caribbean Unlock AI’s Potential While Mitigating Its Perils? appeared first on Ideas Matter.
Latest Publications
Latest Events
2023 MACROECONOMIC REPORT
IDB FLAGSHIP PUBLICATION
