Despite hurricane damage, average economic growth in the Caribbean is expected to top the Latin American average according to the IMF. However, Dominica's GDP is expected to decline and weak growth is likely in Puerto Rico and the U.S. Virgin Islands where pre-existing macroeconomic weaknesses were compounded by storm damage.
Peso volatility and investor caution are likely to linger through the middle of the year.
Latin American countries dominate the top ten rankings of the best places to retire in 2018.
Enrique Marshall, Chairman, Banco del Estado de Chile, winner of the Safest Bank in Latin America award 2017, spoke with Global Finance magazine editor Andrea Fiano about what he thinks of Chile's economy and the banking ecosystem in the country.
Carlos Fernandéz Valdovinos, governor of the central bank of Paraguay, was among the world’s top central bankers in Global Finance Magazine’s annual Central Banker Report Cards. Here, he talks with GFMag editor Andrea Fiano about how recovery in big neighboring economies is giving the Paraguayan economy a lift, and the need for reforms to continue.
Ilan Goldfajn, governor, central bank of Brazil, one of the top-rated governors in Global Finance’s annual Central Banker Report Cards, talks with Magazine editor Andrea Fiano about the progress of reforms in Brazil and how it has impacted the country and the region politically as well as economically.