Outlook and challenges for 2018

Monetary factors and the situation in the production sector will continue to provide a supportive environment for the region’s economies in 2018. The global economy is expected to continue to grow at rates close to those recorded in 2017, and emerging economies are poised to out-perform developed ones. On the monetary front, liquidity will continue to expand, and international interest rates will remain low. This opens up a promising opportunity for the Latin American and Caribbean countries to expand their economic policy space in a way that will buoy the expansionary phase of the business cycle.

Sustainable Development Goals:

Decent Work and Economic Growth