Region should focus on “home-grown” sources of growth

Interview with Carlos Végh, World Bank’s Chief Economist for Latin America    Growth in Latin America as a whole will return to positive territory this year following a contraction in 2016, and generally weak growth since the end of the commodities super-cycle six years ago. Nevertheless, despite a slightly stronger external environment, growth will continue to be limited by fiscal consolidation at home, and tighter monetary policy in the developed world, turning the overall growth environment neutral. Given these conditions, the region needs to put the emphasis on “home-grown” sources of growth—particularly through countercyclical monetary policy and structural reforms to drive growth in the coming years, argues the World Bank. Latin Trade spoke with Carlos Végh, the World Bank’s Chief […]

Related

The secret to (ridiculously) fast economic growth

Rapidly Expanding Economies (REEs) are nations that have consistently...

The key elements of successful national digital agendas

Nations have written and re-written their digital agendas for...

Must haves in a pro-development Digital Agenda: an interview with Zohocorp

Countries have written and re-written their digital agendas for...