2019 Latin American and Caribbean Macroeconomic Report: Building Opportunities to Grow in a Challenging World
This report analyzes the potential consequences for the region of selected negative external shocks. It considers how countries can strengthen macroeconomic policy frameworks to mitigate these events and the monetary, fiscal, and debt management policy choices available. However, it also considers opportunities. More and better-targeted infrastructure investments can enhance growth prospects. And while public investment is constrained by tight budgets, the window of opportunity to pursue private financing to boost investments remains open as interest rates are still relatively low. Improving the efficiency of infrastructure services can complement investment efforts to help boost growth without burdening fiscal accounts.
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| Language: | English |
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Inter-American Development Bank
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| Subjects: | Regional Integration, Economic Development, Productivity Growth, Economic Integration, International Trade, Infrastructure Development, Labor Productivity, Infrastructure Investment, Public Investment, H54 - Infrastructures • Other Public Investment and Capital Stock, H30 - Fiscal Policies and Behavior of Economic Agents: General, F15 - Economic Integration, E62 - Fiscal Policy, L32 - Public Enterprises • Public-Private Enterprises, H41 - Public Goods, E60 - Macroeconomic Policy Macroeconomic Aspects of Public Finance and General Outlook: General, |
| Online Access: | http://dx.doi.org/10.18235/0001633 https://publications.iadb.org/en/2019-latin-american-and-caribbean-macroeconomic-report-building-opportunities-grow-challenging |
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| Summary: | This report analyzes the potential consequences for the region of selected negative external shocks. It considers how countries can strengthen macroeconomic policy frameworks to mitigate these events and the monetary, fiscal, and debt management policy choices available. However, it also considers opportunities. More and better-targeted infrastructure investments can enhance growth prospects. And while public investment is constrained by tight budgets, the window of opportunity to pursue private financing to boost investments remains open as interest rates are still relatively low. Improving the efficiency of infrastructure services can complement investment efforts to help boost growth without burdening fiscal accounts. |
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