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Macroeconomic Prospects of Select Latin American and Caribbean Economies, Forecasts to 2022 - ResearchAndMarkets.comThe "Macroeconomic Prospects of Select Latin American and Caribbean Economies, Forecasts to 2022" report has been added to ResearchAndMarkets.com's offering. The report tracks the economies of Panama, Puerto Rico, Jamaica, Guatemala, Trinidad and Tobago, and Costa Rica. The report provides insights into the macroeconomic outlook for these countries, by covering GDP growth, inflation and interest rates, income, labor market, and population. GDP growth is expected to remain more or less stable or increase over the forecast period for all the countries, barring Puerto Rico. Puerto Rico has been in a recession since 2005 and will have to cope with the effects of hurricane-led devastation in 2017 and 2018. The country is also challenged by bankruptcy and is not expected to be able to repay its $70 billion in debt until 2022. The economy of Panama is performing very well, with GDP growth expected to hover at 5.5% until 2022. Panama is in fact striving to transition to a high-income economy by 2021 Panama and Puerto Rica have no central bank and, therefore, do not have monetary policy operations that influence interest rates. In Jamaica and Costa Rica, on the other hand, the key interest rate of the central bank is expected to decline and increase, respectively, in 2018. No change is expected in the key interest rates of the central banks of Guatemala and Trinidad and Tobago in 2018; consequently, interest rates on loans are not expected to see much variation. Key Issues Addressed
Research Scope
Countries Covered
For more information about this report visit https://www.researchandmarkets.com/research/cmqkhd/macroeconomic?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180718005434/en/ |