NAVIGATING THE NEW NORMAL: HOW LATIN AMERICA AND THE CARIBBEAN CAN REIGNITE GROWTH WHILE TAMING INFLATION?

Main Article Content

Abstract:

After years of turbulence—from the COVID-19 pandemic to global inflation shocks—Latin America and the Caribbean (LAC) are entering a new economic phase. According to the October 2023 Regional Economic Outlook by the International Monetary Fund, the region is transitioning from recovery to recalibration. The challenge now lies in sustaining stability, containing inflation, and rekindling growth amid tightening global conditions. This article synthesizes the report’s findings and proposes a roadmap for LAC to adapt, thrive, and secure its future.

Article Details

How to Cite:

Azadov , O. . (2025). NAVIGATING THE NEW NORMAL: HOW LATIN AMERICA AND THE CARIBBEAN CAN REIGNITE GROWTH WHILE TAMING INFLATION?. Universal Index Library of Central Asian Journal of Academic Research, 3(3 Part 2), 83–86. Retrieved from https://lib.uniconflix.com/index.php/uilcajar/article/view/48121

References:

Amiti, Mary, and David Weinstein. 2018. “How Much Do Idiosyncratic Bank Shocks Affect Investment? Evidence from Matched Bank-Firm Loan Data.” Journal of Political Economy 126 (2): 525–87.

Bhattacharya, Rina, and Samuel Pienknagura. Forthcoming. “Constraints on Trade in the LAC Region.” IMF

Working Paper, International Monetary Fund, Washington, DC.

Caselli, Francesca G., Hamid R. Davoodi, Carlos Goncalves, Gee Hee Hong, Andresa Lagerborg, Paulo A. Medas, Anh D. M. Nguyen, and Jiae Yoo. 2022. “The Return to Fiscal Rules.” IMF Staff Discussion Note 2022/002, International Monetary Fund, Washington, DC.

International Monetary Fund (IMF). Forthcoming. “Structural Reforms to Accelerate Growth, Ease Policy Trade Offs, and Support the Green Transition in EMDEs.” IMF Staff Discussion Note, Washington, DC.