Today at the Central Reserve Bank of Peru in Lima, Nigel Chalk, Director of the IMF's Western Hemisphere Department, launched a new chapter of our Regional Economic Outlook. Latin America and the Caribbean attracts plenty of foreign investment. With the right policies, the region can turn that investment into more exports, higher productivity, and better living standards. The chapter looks at what helps foreign investment deliver more: stronger capacity among local firms to adopt new technologies and know-how, more efficient logistics, and lower barriers to trade and investment. Read the chapter: https://www.imf.org/en/publications/reo/wh/issues/2026/10/16/regional-economic-outlook-for-the-western-hemisphere-october-2026#:~:text=Chapter%202%3A%20The%20Missing%20Link%3A%20From%20Foreign%20Direct%20Investment%20to%20Trade%20and%20Productivity%20Gains%C2%A0%C2%A0