2023 Latin American and Caribbean Macroeconomic Report: Preparing the Macroeconomic Terrain for Renewed Growth
Peer Reviewed
Date issued
March 2023
Online Content
Subject
Fiscal Policy;
Inflation;
Gross Domestic Product;
Interest Rate;
Monetary Policy;
Poverty;
Pandemics;
Labor Market;
Tourism;
Economy;
Macroeconomic Policy;
Public Debt;
Financial Market;
World Economy
JEL code
E50 - Monetary Policy, Central Banking, and the Supply of Money and Credit: General;
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General;
E40 - Money and Interest Rates: General;
E30 - Prices, Business Fluctuations, and Cycles: General;
E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity;
F30 - International Finance: General
IDB series
Latin American and Caribbean Macroeconomic Report
Category
Annual Reports
Latin America and the Caribbean faces a triple social, fiscal and growth challenge that is limiting the development of the region and its population. Poverty and inequality levels have worsened, public coffers continue to grapple with the impact of the pandemic, and growth remains below potential. This report explores the main challenges for the region in 2023 in the monetary, fiscal, labor, and financial arenas and identifies public policies that will help policymakers chart a path forward. Latin America and the Caribbean has the tools to address its triple challenge. It needs to harness them to prepare the macroeconomic ground for renewed growth.
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