LatAm growth slows as Argentina eyes a silver bullet

Date: Friday 8 September 2023

Growth dynamics across the region’s largest economies are diverging. Mexico’s delayed recovery will support its overperformance, while most countries are already feeling the impact of policy tightening. Resilient consumption in some countries and new shocks to commodity prices could compromise the speed of monetary policy normalization, which has already begun. Argentina’s surprise presidential front-runner opened the door to a possible dollarization that revived an old ghost. We will discuss the potential path to its implementation and the degree of success it could achieve.

Joan Domene

Chief Latin America Economist

+52 55 7100 1824

Joan Domene

Chief Latin America Economist

Mexico City, Mexico

Joan Domene is the Chief Economist for Latin America and is responsible for developing Oxford Economics’ view on the region. Joan is responsible for producing macroeconomic forecasts for Mexico. He manages a team of economists who produce regional and country-specific research on over 30 countries. Joan’s work also involves presenting the outlook to clients and liaising with the media. Joan joined Oxford Economics in 2019 as Senior Economist after 5 years at a Mexican private bank.

Felipe Camargo

Lead Global Economist

+44 (0) 203 910 8047

Felipe Camargo

Lead Global Economist

London, United Kingdom

Felipe is a Lead Economist at Oxford Economics, based in London, UK. He is resposible for the macroeconomic coverage and forecast of Brazil, as well as bespoke quantitative research on global macro topics. Felipe has extensive experience covering emerging market economies and developed skills as a macro strategist since his prior years at a Brazilian pension fund. He currently holds an MSc in economics from Fundacao Getulio Vargas (FGV), in Rio de Janeiro, Brazil.

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