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#growth

Preparing the Macroeconomic Terrain for Renewed Growth

March 23, 2023 by Arturo Galindo - Victoria Nuguer Leave a Comment

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 at around 1%. It also … [Read more...] about Preparing the Macroeconomic Terrain for Renewed Growth

The Elusive Quest for Growth: The Role of Trust

August 21, 2020 by Carlos Scartascini - Joanna Valle Leave a Comment

confianza crecimiento America Latina Caribe Covid-19 coronavirus

As Latin America and the Caribbean confronts one of the most severe economic downturns in its history, policymakers are looking ahead to what they must do in terms of fiscal and monetary policies to restore growth once the Covid-19 crisis passes. But one element that desperately needs more attention is the deep and chronic lack of trust in the region between citizens and … [Read more...] about The Elusive Quest for Growth: The Role of Trust

Towards Inclusive Growth in Latin America and the Caribbean

December 18, 2019 by Andrew Powell Leave a Comment

Ensuring inclusive growth requires action on multiple fronts for Latin American and the Caribbean.

As 2019 draws to a close, Latin America and the Caribbean faces at least four big challenges. First, growth this year is well below potential. Second, potential growth is low. Third, the region remains subject to large shocks. And fourth, despite recent gains, inequality remains high and aspirations are outstripping the meagre outlook, contributing to protests across the region … [Read more...] about Towards Inclusive Growth in Latin America and the Caribbean

A New Trade World: Routes for Latin America and the Caribbean to Grow

April 5, 2017 by Andrew Powell - José Juan Ruiz Leave a Comment

It never rains but it pours sometimes seems to be just too appropriate a motto for Latin America and the Caribbean. Just as Argentina and Brazil appear set to post positive growth this year, uncertainty regarding global protectionism and the prospects of higher U.S. interest rates could dampen growth prospects across the region, as explained in the 2017 IDB Latin American and … [Read more...] about A New Trade World: Routes for Latin America and the Caribbean to Grow

Living in the Age of Uncertainty

December 21, 2016 by Andrew Powell Leave a Comment

As Borges famously remarked, “Reality is not always probable, or likely.” So it seems in Latin America and the Caribbean: of all possible outcomes the one we have lived through is not the one many would have predicted. Moreover, as we look to the future, current forecasts display marked    differences across countries and are subject to very high uncertainty. As this year … [Read more...] about Living in the Age of Uncertainty

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The blog of the IDB's Research Department shares ideas that matter on public policy and development in Latin America and the Caribbean.

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