Latin America will show growth between 2019 and 2021
A report from the Inter-American Development Bank (IDB) noted that forecasts were reduced by 1.7% to 0.8%
Different economic impacts will boost significantly economic growth in Latin American and Caribbean region, according to the Inter-American Development Bank (IDB).
The macroeconomic report presented this week shows that this will be the trend between 2019 and 2021. The IDB had cut forecasts for the region by 1.7%.
Among the reasons for this growth may be the effect of the economic slowdown in the United States and China, and also the impact of a hypothetical increase in the interest rates of the US Federal Reserve (FED).
The study also considers the potential impacts on Latin America and the Caribbean caused by a “brexit” without agreement, which could reduce the region’s development projections by an additional half percentage point.
“The potential impacts are alarming because Latin America and the Caribbean is already among the regions with the slowest annual growth rate in the world”, said Eric Parrado, the IDB’s chief economist.
K. Tovar
Source: Bancaynegocios
