IMF paper finds Latam growth likely to slow even if commodity prices remain elevated
Growth over next half-decade expected to be 150bp lower than during boom years
An International Monetary Fund (IMF) working paper warns that Latin American commodity exporters may see "significantly lower" growth in the coming decade than over the past 10 years – even if commodity prices remain stable at their "current still-high levels".
After the boom-commodity prices and economic growth in Latin America and the Caribbean, by Bertrand Gruss, uses a dynamic multi-country GVAR model to investigate whether it is the lower growth in commodity prices or their still-high
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