IMF’s Werner: Latin America must keep debt under control
Western hemisphere chief says there are some concerning signs on debt, although the risk of a systemic crisis is low; region well placed to weather Fed shock
The International Monetary Fund is keeping a watchful eye on debt levels in Latin America, which could herald trouble in some cases, says Alejandro Werner, director of the fund’s Western Hemisphere Department.
The picture is a mixed one, he explained during an interview in Mexico City on May 11. “Corporates have increased their leverage ratios and that is a concern, but on the other hand they have significantly expanded the maturity of their debt,” he said, speaking on the sidelines of Central
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Macroeconomics
Generative AI’s impact on inflation unclear – BIS study
Inflation could worsen if people anticipate jump in productivity, authors say
Low growth threatens to reverse living standards – IMF
AI will drive growth but also increase inequalities, fund says
Long-term inflationary pressure set to rise, research finds
Changed environment makes central banks’ task harder, Kenneth Rogoff and other researchers say
Dallas Fed analysis explains puzzle of strong US economy
Authors say US has enjoyed favourable supply-side conditions that others missed out on
IMF chief urges China to adopt pro-market reforms
Comprehensive reforms could add $3.5 trillion to economy over next 15 years, Georgieva says
New study finds uneven impact of changing energy costs
Energy prices more likely to affect product prices than wage increases
BIS research points to ‘slower disinflation ahead’
Breakdown of post-Covid surge finds services prices playing bigger role
Natural rate is rising in US and eurozone, BIS study finds
Research adds to debate on metric but warns it is “blurry guidepost” for monetary policy
Most read
- Supervisors grapple with the smaller bank dilemma
- Fed policy-makers disagree over risks
- Central bank of the year: Central Bank of Brazil