In 2023, the international context was characterized by lower economic growth than in the previous year in an environment of higher global interest rates. Consumer inflation remained above its target despite declines in most of the world’s economies.

The impact of integration on financial stability is a topic that has generated an extensive debate on its advantages and disadvantages. In our most recent study we revisit the debate on the effects of openness on financial stability.

FLARblog | What Happened to Integration and Financial Stability after the Global Financial Crisis? An Answer from Machine Learning

Instant Payments: The Present and Future of Payments in Latin America and the Caribbean

We are pleased to share with you the re-run of the session ‘Monetary Policy in Sudden Stop-Prone Economies’ by FLAR at the LACEA – LAMES 2023 annual meeting.

Press release | Joint IMF-RFAs press release on the 8th High-level RFA Dialogue

New Working Paper | U.S. Monetary Policy Shocks and Bank Lending in Latin America: Evidence of an International Bank Lending Channel

FLARblog | Does the U.S. Monetary Policy Shocks Affect Bank Lending in Latin America?

FLARblog | Latin America: A better than expected second quarter.

New working paper in academic journal | An Explained Extreme Gradient Boosting Approach for Identifying the Time-Varying Determinants of Sovereign Risk