According to a report by the International Monetary Fund (IMF), emerging economies are no longer as vulnerable to external shocks, thanks to better policies and deeper local markets. This is a good sign for investors, albeit nuanced.
Chile's sovereign wealth funds have played an important role in the country's economic stability, allowing the government to face economic crises and meet its fiscal and social security obligations.
The agreement will provide funding to support Barbados' climate change adaptation and mitigation efforts.