March 7, 2022 |
Latin American and Caribbean economies have performed well in exceptionally trying circumstances over the past two years, making it through the COVID-19 pandemic and now facing the fallout from the war in Ukraine, Mauricio Claver-Carone, president of the Inter-American Development Bank (IDB), told LatinFinance.
"I feel that we're showing results and that's positive," he said.
Commodity prices have shot up since Russia invaded Ukraine in late February, which could provide a windfall to some count
Mauricio Claver-Carone cites better-than-expected economic growth and sensible monetary policies, but fears high commodity prices could spur inflation