Regional Economic Outlook, October 2010, Western Hemisphere: Heating Up in the South, Cooler in the North

October 19, 2010

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Regional Economic Outlook, October 2010, Western Hemisphere: Heating Up in the South, Cooler in the North, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

Heating Up in the South, Cooler in the North broadly describes the economic scene for the Western Hemisphere. The report emphasizes how a mixed environment--with slow recovery in the United States and other advanced economies, but strength in Asia--differently shapes the outlooks for the diverse economies of Latin America and the Caribbean. This issue also focuses on financial issues in Latin America, with a chapter on the challenges of allowing credit to expand safely, without creating excessive risks, and a chapter that looks at macroprudential financial policies--topics especially important in today's context of low global interest rates and capital flows to emerging economies. The final chapter turns to Caribbean economies, exploring the drivers, and obstacles, that affect their growth.

Subject: Bank credit, Banking, Credit, Economic sectors, Financial sector policy and analysis, Monetary policy, Money, Reserve requirements, Systemic risk, Tourism

Keywords: Bank credit, Caribbean, CECC country, Central America, Country, Credit, Credit growth, Debt level, ECCU Caribbean, ECCU country, Economy, Global, IMF staff calculation, Monetary policy, Productivity growth, REO, Reserve requirements, South America, Southern Europe, Systemic risk, Tourism

Publication Details

Pages:

106
Volume:

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DOI:

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Issue:

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Series:

Western Hemisphere
Stock No:

REOWHDEA2010002
ISBN:

9781589069534
ISSN:

2071-4165

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