For Latin Americans, there are few memories as nightmarish as the "lost decade" of the 1980s, with its flagging growth and soaring levels of foreign debt, inflation and unemployment. Today, those days are gone. Dictatorships are no longer the norm. In most of the region, governing institutions have improved, and economic policymaking is generally more responsible, with stricter … [Read more...] about Tackling the Vulnerability to Economic Crisis
Pablo Bejar
Pablo Bejar is a Macroeconomic Research Fellow in the Research Department of the Inter-American Development Bank and works with Chief Economist Jose Juan Ruiz. Right before joining the IDB, he was a short-term analyst at the World Bank’s Development Economics’ Global Indicators Group where he worked with the Doing Business Report. Pablo holds an MPA in Economic Policy Management (PEPM) from Columbia University (2015) and both an MBA, with a concentration in Economics, and a BA in Business Finance from California State University (2010). His main interests are applied International macroeconomics, emerging markets and development economics.
Latin America’s Macroeconomic Update: Looking Up
At the end of the third quarter, the growth forecast for Latin America and the Caribbean was an estimated -0.6% for 2016. For the first time since 1982-83, the region is expected to post two consecutive years of negative growth. However, looking beyond the numbers there is some good news in this latest report. To begin with, things looked considerably worse earlier in the … [Read more...] about Latin America’s Macroeconomic Update: Looking Up