Due to historically low internal saving rates, access to external financing is very important to Latin America and the Caribbean (LAC), even more so in the context of the 2030 Agenda and the implementation of the Sustainable Development Goals (SDGs). Public financing falls short of what is needed...
Bustillo, Inés
,
Perrotti, Daniel E.
,
Velloso, Helvia
,
Sovereign credit ratings in Latin America and the Caribbean: Trends and impact on debt spreads
Global economic conditions have been deteriorating sharply since mid-
September 2008. Lending has dropped abruptly, credit spreads have
widened sharply, stock markets have plunged and economies everywhere
are stumbling. Governments around the world have undertaken
unprecedented measures, includin...
The objective of this paper is to assess the challenges that Puerto Rico’s economy is currently facing. Puerto Rico’s development experience in the postwar period is briefly discussed in order to understand the nature of the island’s current situation. Puerto Rico’s recent economic performance, c...