Debt levels in Latin America and the Caribbean increased steadily during the last decade and soared in 2020 with the COVID-19 pandemic, reaching 72% of GDP. In response to the pandemic, countries mobilized considerable resources to support families and firms. Since 2020, debt ratios have declined as economies recovered and fiscal deficits were shaved. Still, with falling growth … [Read more...] about Debt, Growth, and Interest Rates: Assessing Sustainability in Latin America and the Caribbean
Martha Elena Delgado Rojas
Martha Elena Delgado Rojas works as a consultant in macroeconomics at the IDB Research Department. She holds a bachelor’s and master’s degree in Economics from Universidad Nacional de Colombia, as well as a master’s degree in Public Administration from Columbia University in New York. Previously, she worked as Director of Macroeconomic and Sectoral Analysis at Fedesarrollo, where she conducted research on international macroeconomics, sectoral perspectives, and public policy. Martha Elena also worked as a lead economist at the Regulatory and Public Affairs Directorate of Telefónica Movistar, a senior economist at the Banking Association of Colombia (ASOBANCARIA), and as a research economist in both the Congress of the Republic of Colombia and the Research Department of the Central Bank of Colombia.
Foreign Investment Drops and Concerns Rise in Latin America and the Caribbean
As the COVID-19 pandemic faded in 2021, markets expressed optimism in the worldwide economic outlook and capital flows to emerging markets recovered. It was not to last. The central banks of developed economies are now mopping up the abundant liquidity they had in place since the Great Financial Crisis to fight inflation in their own countries. Geopolitical risks in 2022 have … [Read more...] about Foreign Investment Drops and Concerns Rise in Latin America and the Caribbean