Latin America: New Challenges to Growth and Stability

By Dora M Iakova, Luis M. Cubeddu, Gustavo Adler, Sebastian Sosa

December 23, 2014

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Format: Chicago

Dora M Iakova, Luis M. Cubeddu, Gustavo Adler, and Sebastian Sosa. Latin America: New Challenges to Growth and Stability, (USA: International Monetary Fund, 2014) accessed December 21, 2024

Summary

Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.

Subject: Balance of payments, Capital flows, Commodities, Commodity prices, Fiscal policy, Fiscal stance, National accounts, Personal income, Prices, Public debt

Keywords: Asia and Pacific, BOOK, Capital flows, Caribbean, Central America, Commodity, Commodity export, Commodity exporter, Commodity price, Commodity prices, Global, Income windfall, Personal income, South America, Terms-of-trade shock, TFP performance

Publication Details

Pages:

270
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Books
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LAGDEPEA
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