Western Hemisphere

Regional Economic Outlook, April 2008, Western Hemisphere

April 12, 2008

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Regional Economic Outlook, April 2008, Western Hemisphere, (USA: International Monetary Fund, 2008) accessed November 22, 2024

Also available in: español

Summary

The main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnerabilities and stronger policy frameworks. Nonetheless, the report points to risks that the global financial stress could curtail capital flows to the region and world commodity prices could fall more than expected. There are also risks arising from rising inflation and rapid private credit growth in a number of countries. The report then explores the policy options facing governments in the region, underscoring the need to preserve the gains of recent years

Subject: Commodities, Commodity prices, Financial institutions, Financial markets, Food prices, Inflation, Prices, Stock markets, Stocks

Keywords: Average inflation rates, Banking system assets, Caribbean, Central America, Commodity prices, Commodity shock, Cost of capital, Current liabilities, Dividend yield, Dollar-weighted GDP, E.o.p. rate, ECCU aggregate, Equity price volatility, Equity-return movement, Food commodity price, Food price pressure, Food price subcomponent, Food prices, Global, Headline inflation rise, IMF staff estimate, Inflation, Inflation-targeting country, Market participant, North America, PPP GDP, Price, Price change, REO, Return distribution, South America, Stock markets, Stocks, Subcomponents of the CPI, Terms of trade, Western Hemisphere, World food price, World fuel, World fuel price shock, World prices of fuel

Publication Details

  • Pages:

    55

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    April 2008

  • Stock No:

    REOWHDEA2008001

  • ISBN:

    9781589067165

  • ISSN:

    2071-4165

Notes

Full text also available in Spanish.