The Crash of 1929, the Current Crisis and the Macro-Economic Adjustment in the Region

The current crisis is still unveiling and its broader regional reach and consequences are still unknown. What is known is that the impact is undeniable.

Friday, November 7, 2008

Even though the region has not experienced an immediate effect, its important to wonder how the macroeconomic adjustment may happen in our countries.
First of all, in the last years the region has experienced an improvement in its economic fundamentals, even though the external situation has dampened it, specially when compared to the rest of Latin America. This external effects are outside the reach of internal economic policy.

Indeed, if we make the theoretical abstraction that the economic fundamentals are visible in the current account, the balance of payments and the fiscal situation...

Market Intelligence

Everything about exports and imports in Central America.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Standard & Poor's rates Nicaragua with B+

February 2016

The sovereign rating B + with stable outlook is based on the "economic performance, low debt burden of the government, political stability and partnership between government and the private sector through dialogue".

From a statement issued by the Central Bank of Nicaragua:

Costa Rica Through Eyes of IMF in November 2014

November 2014

Although the product has remained steady in its level of potential, the country's economic prospects are not as promising due to the weakening of economic fundamentals.

From a statement issued by the International Monetary Fund (IMF):

This note summarizes preliminary findings and recommendations of the IMF staff mission that visited Costa Rica during October 28–November 11 to conduct the 2014 Article IV consultation.

IMF: Nicaragua has Macroeconomic Stability

December 2013

The agency emphasized prudent management of the macroeconomic policy and stressed the need to focus efforts on reducing fiscal and external vulnerabilities.

From a communiqué by the International Monetary Fund:

"An mission from the International Monetary Fund (IMF) led by Przemek Gajdeczka visited Managua from 17th to 26th of September 2013 to conduct discussions in the context of Article IV.

Fitch: Severe Global Recession Expected in 2009

November 2008

Fitch Ratings predicts that the world's major advanced economies will next year experience the steepest decline in GDP since World War II.

In aggregate GDP growth in these countries is expected to be (minus) -0.8% in 2009, compared to an estimated 1.1% for 2008. Tighter credit conditions, consumer retrenchment and falling corporate investment are expected to combine to deliver an unusually synchronised downturn across the advanced economies.

 close (x)

Receive more news about Economic outlook

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Aug 30)
Dow Jones
S&P 500


(Aug 30)
Brent Crude Oil
Coffee "C"