Mexico has implemented fiscally restrained adjustments in response to the pandemic, focusing on monetary policy and the redistribution of federal budgets rather than new loans from multilateral institutions such as the IMF.
The Americas Economy
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As emerging markets around the world continue their recovery from Covid-19, remittances are playing a key role in supporting the economic rebound.
Economic update | The circular economy: blueprint for a sustainable future in Latin America?
8 Jul 2021
As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth.
Economic update | Can a “green Bitcoin” help solve cryptocurrencies’ sustainability problem?
30 Jun 2021
Amid a rise in demand for cryptocurrencies, especially in emerging markets, and increased appetite for sustainable finance globally, efforts are under way to develop a so-called green Bitcoin – that is, an ecologically sustainable cryptocurrency.
Despite the recent spike in cases, Trinidad and Tobago responded to the onset of the pandemic swiftly and comprehensively, not only through containment measures but also fiscal and monetary interventions.
Economic update | A global corporate tax rate: will it help or hinder developing nations’ Covid-19 recovery?
13 May 2021
During last year’s US presidential campaign, Joe Biden promised to crack down on tax-evading multinationals, and he has now called for a global minimum corporate tax rate. However, some fear that President Biden’s plan may hinder developing economies’ Covid-19 recovery.