Latin America : existing growth headwinds to prevail over rising commodity prices

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<title>Latin America</title>
<subTitle>: existing growth headwinds to prevail over rising commodity prices</subTitle>
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<namePart>Casanova Aizpún, Fernando</namePart>
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<namePart>Cabral, Caroline</namePart>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">High commodity prices typically boost growth momentum in Latin America. This time round, however, a backdrop of high inflation, tighter financial conditions and elevated political uncertainty will likely outweigh positive effects and we expect 2022 to be a year of just lackluster economic growth. With little buffer, fiscal action will be limited to mitigating the impact of price rises for staples.</abstract>
<note type="statement of responsibility">Fernando Casanova Aizpún, Caroline Cabral</note>
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<topic>Economía</topic>
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<topic>Inflación</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
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<topic>Política económica</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080545062">
<topic>Precios</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20110019426">
<geographic>América Latina</geographic>
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<title>Issue 7/2022</title>
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