Significant progress has been made in recent years
Mexico has taken the lead when it comes to attracting new investors to domestic bond markets. But with rising rate expectations set to make dollar markets less attractive, there are several positive signs in the region's other local bond markets
Now that the a decade-long economic boom has come to an end, Latin American countries are looking to engage with the World Bank to deal with development challenges amid more complex external conditions
LatAm delegates who struggled with the 40-hour journey to get the IADB meetings in Busan are likely to return with harsh lessons on trade tariffs rather than a recipe to replicate South Korea’s economic miracle.
The government of the Bahamas is expecting economic growth to double to 2.5%-3.0% this year from 2014 as the US recovers but recent rating agency downgrades have cast a shadow on the sunny outlook.
Chinese officials in Beijing are growing increasingly unhappy with the government’s policy of offering cheap loans without conditions to troubled Latin American states that might never be able to repay them.
There is still pessimism in the business community but I feel the central bank and finance ministry are trying to get closer to the private sector in order to lift confidence
Paulina Yazigi Salamanca, Credicorp
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