Ideas to Action:

Independent research for global prosperity

El Efecto en la Region: Liliana Rojas-Suarez (Interview)


CGD Senior fellow Liliana Rojas-Suarez discusses what consequences might befall Latin American economies if the U.S. does not raise its debt ceiling. In particular, she is concerned that this event would lead to a downgrading of U.S. Treasuries, which would have adverse consequences for economies in the region. Liliana believes Mexico to be the most vulnerable country to a downgrade, but she notes that even countries with strong economies, such as Chile, would not be spared economic pain.