The demographic changes the world is experiencing will have profound repercussions for the economy and society.
Fiscal positions in Latin America began to deteriorate sharply in 2023, following surprisingly strong post-pandemic recoveries in 2021-2022. This deterioration has continued this year, and is a matter of concern for the region's economies.
Latin America's services exports have grown substantially in the last decade, but the region lags behind the rest of the world.