Public finance trends in Latin America and the Caribbean in 2021
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Fiscal Panorama of Latin America and the Caribbean 2022 , pp 9-47
- Publication Date: September 2022
- DOI: https://doi.org/10.18356/9789210055789c002
- Language: English
Economic activity rebounded strongly in Latin America and the Caribbean in 2021. Global macroeconomic conditions contributed to the region’s growth through a revival of demand and trade, assisted by fiscal and monetary stimulus measures that remained in place in the developed countries. The regional economy grew by 6.3%, driven by aggregate demand, mainly private consumption and investment (ECLAC, 2022). However, the expansion began to falter sooner than expected in 2021, exhibiting little momentum in the second half of the year.
© 2022 United Nations
ISBN (PDF):
9789210055789
Book DOI:
https://doi.org/10.18356/9789210055789
Sustainable Development Goals:
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