IMF: Latin America may have another “lost decade” without reforms increasing productivity

Latin America risks another “lost decade” without policies that unlock growth potential, the International Monetary Fund (IMF) estimates in the report “Economic Outlook, Americas”, published on Wednesday, November 2.

“The huge economic and social dislocations caused by the pandemic have highlighted the productivity problems of Latin America and the Caribbean. [LAC] and raised the prospect of a ‘new lost decade’.”

According to the document, “after a period of solid economic and social growth…

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