March 21, 2016 |
Latin American economies were among the emerging markets that struggled to maintain balance and achieve growth amid global volatility and domestic challenges this past year.
The 2016 scorecard examines how finance ministries performed under especially difficult circumstances, including China’s slowdown, slumps in oil and commodities prices and sharp currency moves. The ranking considers ministries’ economic management, institutional strength, transparency and advances in economic development and growth. Sovereign analysts, leading economists and other experts in the region are consulted as part of the selection process to gain a nuanced understanding of economic performance in the preceding
Finance ministries are taking bold action to strengthen their countries’ public finances at a time of severe stress