Prepare for Lower Commodity Prices: Ex-IMF Official

Prepare for Lower Commodity Prices: Ex-IMF Official

Economy & Policy Corporate & Sovereign Strategy

Latin America’s policymakers must prepare for lower commodity prices, Claudio Loser, president of Centennial Group Latin America, tells LatinFinance. “The last several years of commodity-led prosperity have resulted in a degree of complacency in Latin America that is misplaced. The impact of lower terms of trade can be staggering. Prices will continue to fluctuate, and may even show a secular downward trend,” the veteran economist and former director of the Western Hemisphere at the IMF says. Be

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