Latin America and the Caribbean (LAC) face a structural challenge of low economic growth, which threatens the region’s long-term development prospects. The demographic dividend that supported growth over recent decades is fading, and now more than ever, the region must boost productivity and capital investment to sustain economic growth (see Figure 1). As a result, … [Read more...] about How to Make Tax Policy More Business-Friendly and Unlock the Investment Potential in Latin America and the Caribbean
Leandro Andrian
Leandro Andrián is a Senior Country Economist for Colombia. Doctor in Economics from Iowa State University, prior to his doctorate studies he worked in the Ministry of Economy of the Province of Buenos Aires in Argentina, was professor at the Catholic University of La Plata (Argentina) in macroeconomics and research assistant at the University National of La Plata (Argentina). He joined the IDB in 2009, worked in the tax sector, was a country economist for Bolivia, and is currently a Senior IDB economist for Colombia. He has several published works on topics of macroeconomics, fiscal, growth, economic cycles and poverty.
How to Prevent Debt from Hurting Economic Growth
Three years after the onset of the COVID-19 pandemic, countries in Latin America and the Caribbean (LAC) are still dealing with its economic consequences. Currently, one of the main points of concern is the excessive level of public indebtedness and the risk it represents to economic stability and economic growth. This year the IDB published its flagship study … [Read more...] about How to Prevent Debt from Hurting Economic Growth
Possible macro-fiscal consequences of COVID-19 in Latin America
The pandemic does not come to the region in good time, the little dynamism of growth in recent years generates uncertainty of the outlook for the future. For 2020, the consensus among analysts expects a drop in output in Latin America and the Caribbean between -2% and -6%, which comparative terms would be deeper contractions than the debt crisis of the eighties (-2.4%) and the … [Read more...] about Possible macro-fiscal consequences of COVID-19 in Latin America