The US presidential elections evoke a wide range of reactions and emotions in Latin America and the Caribbean, highlighting the variability of US economic and political influence across different nations.
A Latin America Advisor Q&A featuring experts’ views on the IDEA Act, a bill the U.S. Congress is considering, and which would make Ecuador an eligible beneficiary of the Caribbean Basin Economic Recovery Act.
Ivonne A-Baki, Felipe Espinosa, G. Philip Hughes, Santiago Mosquera
A protracted trade war is expected to have lasting effects on the region’s economies. The IMF estimates slowing global growth in 2019, including in third markets, based on large part US-China trade tensions. Ongoing economic uncertainty could also weaken Latin American currencies if populations there invest in US dollars to avoid the effects of local currency devaluation.