Latin America

With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play ...

To cap a volatile week, the countries that own the Inter-American Development Bank (IDB) will likely elect a new president—US citizen Mauricio Claver Carone (aka MCC)—from a field of one. Others have parsed the pros and cons of this outcome given the upcoming US election; here, we look at the priori...

Liliana Rojas-Suarez joins a panel with the Inter-American Development bank to discuss financial inclusion in the time of COVID-19.

While COVID-19 has sparked a global crisis, the developing countries hit hardest are in Latin America. If conditions worsen, Latin America could face a severe financial crisis. To stop this from happening, policymakers, donors, researchers, and multilateral organizations must cooperate to find and e...

CGD colleagues raised questions and concerns at the time of the announcement. In weighing his possibly presidency, an especially salient question becomes: can Claver-Carone deliver a general capital increase (GCI)?

Case numbers and deaths continue to rise in Colombia, and the challenges ahead are significant. In a recent note, we look behind these numbers to understand Colombia’s policy responses to the COVID-19 pandemic to date. We offer six recommendations for policymakers, aimed at supporting economic and h...