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Home Publications Reports Troubled Assets: The IMF's Latest Projections for Economic Growth in the Western Hemisphere

Troubled Assets: The IMF's Latest Projections for Economic Growth in the Western Hemisphere

April 2009, David Rosnick

This issue brief examines the International Monetary Fund's (IMF's) economic growth projections for Latin America and the Caribbean through 2014. It finds that for some countries – most notably Venezuela and Argentina – the IMF’s projections inexplicably portend a prolonged negative impact of the current world recession, even as countries harder-hit by the downturn, such as Mexico, recover. In other cases, such as Haiti, the IMF projects a surprisingly big growth spurt.

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