Western Hemisphere
Regional Economic Outlook: Western Hemisphere
November 2006
World Economic and Financial Surveys
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This report provides the IMF's latest views on recent developments and prospects for the region, discusses potential risks to the forecast, and describes key policy challenges. |
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Contents
| Chapter I. the Global Economy and Outlook for the United States and Canada | |
| A. The Global Context | |
| B. The Outlook for the United States and Canada | |
| C. Global Challenges | |
| Chapter II. Latin America and the Caribbean (LAC) | |
| A. Main Developments and Prospects | |
| B. Macroeconomic Policy Stance | |
| C. Risks to the Outlook | |
| D. Policy Challenges | |
| Main Economic Indicators | |
| Appendix: Methodology for Fiscal Impulse Calculations | |
| References | |
| Boxes | |
| 1. Macroeconomic Policy During Expansions: Then and Now | |
| 2. Managing Commodity Price Windfalls in Chile | |
| 3. Trends in Real Primary Spending Across Countries, 2002– 06 | |
| 4. Brazil: Recent Steps to Liberalize Foreign Exchange Market Regulations | |
| 5. Changing Oil and Natural Gas Fiscal Regimes in Andean Countries | |
| 6. Making Budgets More Flexible | |
| 7. Is Credit Growing Too Fast? | |
| 8. Fiscal Reforms and Equity in Latin America and the Caribbean | |
| 9. Labor Market Regulations and Reform in Latin America and the Caribbean | |
| 10. The Evolving Role of the Fund in Latin America | |