While progress continues to be made in upgrading China's economic statistics, weaknesses remain in key areas
Despite all those around him forecasting much lower growth for Colombia as a result of the worrying low oil price, finance minister Mauricio Cardenas tells Emerging Markets he is upbeat about the future.
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
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.
Latin American economists need to grasp the policy challenges posed by a year of “mediocrity” in the face of the slump in the oil prices, a stronger dollar and an expected hike in US rates.
Huge. Massive. Vast. Pick any of these words and it would more than adequately describe the need for infrastructure in Latin America and the Caribbean. But having failed to take advantage of the boom years to finance major projects, governments now need to look to the private sector to fill the gap.
"Indonesia, having just seen a peaceful democratic election of a non-elitist leader, is probably going to embark on reforms that should keep growth at 5%-6% for years to come"
Jim O'Neill, economic advisor, IFC
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