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COVID-19 Pandemic and the Caribbean: Navigating Uncharted Waters

2020-04-30T08:08:26-04:00April 29, 2020|

By Krishna Srinivasan, Sònia Muñoz, and Varapat Chensavasdijai

Español, Français

As the COVID-19 pandemic continues to spread across the globe—bringing severe human and economic costs—the Caribbean is no exception. With over 1,000 confirmed cases, many countries have taken strong containment measures, such as border closures and lockdowns, to “flatten the curve.” […]

Carlo Pizzinelli

2022-01-19T11:55:47-05:00February 20, 2020|

Carlo Pizzinelli is an economist in the Structural Reforms Unit of the Research Department of the IMF. He previously worked in the Fiscal Affairs Department, covering Barbados, and in the Western Hemisphere Department, where he was part of the St. Vincent and the Grenadines country team and he contributed to two issues of the Regional Economic Outlook. His research interests […]

Eugenio Cerutti

2019-05-23T12:39:30-04:00June 9, 2015|

Eugenio CeruttiEugenio Cerutti is currently the Assistant to the Director at the Research Department of the IMF. He has also served on the IMF teams of a number of economies, including Sweden, Turkey, Venezuela, Lithuania, Bolivia, and Barbados. His research interests fall in the general field of international macroeconomics, with a particular focus on capital flows, financial regulation, and […]

Fiscal Impact of Lower Oil Prices on Latin America and the Caribbean

2017-04-14T01:45:48-04:00February 26, 2015|

By Robert Rennhack and Fabián Valencia

(Versions in Español and Português)

The plunge in world oil prices—from $105 to about $50 per barrel since mid-2014—has been a boon for oil-importing countries, while presenting challenges for oil exporters.

In general, oil importers will enjoy faster growth, lower inflation, and stronger external positions, and most will not encounter any significant fiscal pressures. Oil exporters will tend […]

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