Displaying items by tag: 20222024

According to the IDB, growth scenarios for individual countries depend on a variety of factors, from their trade links with Russia to their level of indebtedness. In general, the combined effect of the global growth, commodity and financial sector shocks is a reduction in growth in Latin America and the Caribbean compared to the pre-war scenario, and an expected recovery of the region towards the end of 2023 and in 2024.