Claudia Sheinbaum’s thumping win in June’s election has granted her an unprecedented mandate – but one that will require delicate maneuvering to enact while at the same time winning back the support of private investors.
Category: 2024 Q3
Credit Markets: Feeding Frenzy
With US interest rates expected to ease this year, investors are piling into new issues from sovereigns and corporates alike, while taking stock of stalling reform agendas across the region.
Sustainable Finance: In Search of a New Green-Social Deal
Issuers are increasingly combining green and social projects into a single bond structure to appeal to investors. But for the market to grow meaningfully, clearer rules of the game are needed to work out what’s green and social – and what isn’t.
Brazil: Goodwill Hunting
Investor sentiment is souring toward Brazil as fiscal risks grow and as markets brace for changes at the central bank.
Bolivia: A Default Foretold
Once lauded as an economic miracle, South America’s poorest economy has been steadily falling deeper into a financial crisis. While it avoided a coup in June, the country is running out of time and options to avert default.
Interview: Panama’s finance minister Felipe Chapman
Panama’s new finance minister shares his thoughts on his country’s economic and financial future
Latin America’s Old Growth Problem
The region has struggled to sustain high economic growth in the last two decades, and a graying population will make this harder, write Gustavo Adler and Rodrigo Valdés, division chief and director, respectively, of the IMFs Western Hemisphere Department.
