Global economic fundamentals appear to be strong. Yet, Latin America and the Caribbean is expected to grow at rather mediocre rates in the coming years. Given recent projections, the region’s share of global GDP will continue to decline. In last year's Latin America and Caribbean Macroeconomic Report, Routes to Growth in a New Trade World, we focused on the benefits of deeper … [Read more...] about Forthcoming IDB Report: A Mandate to Grow
It amounts to an upheaval. Populist movements claiming to speak directly for the people and opposed to everything from bankers to immigrants and the institutions of liberal democracy have altered the political landscape in large areas of the world. Think Brexit in Great Britain, Syriza and Podemos in Greece and Spain, and the populist candidates in the most recent elections in … [Read more...] about When Globalization and Populism Meet
In November 2016, China's Ministry of Foreign Affairs released a white paper to guide its relationship with Latin America and the Caribbean through the end of 2019. The paper, encompassing the full spectrum of relationships between the two regions, emphasized that China had entered a "new phase of comprehensive collaboration" with Latin America and the Caribbean and sought to … [Read more...] about Can Latin America’s Engagement with China Deepen?
For much of the last century, mortality rates in the United States fell steadily. But from 1998-2013, that trend reversed for a special demographic: non-Hispanic whites, aged 45-54. The problem, according to a new study by Nobel Laureate Angus Deaton, and fellow economist, Anne Case, lay in people lacking a college degree. Tens of thousands of those middle-aged whites were … [Read more...] about Can Latin American Workers Dodge the Deaths of Despair?
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