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Record Nr. |
UNINA9910462483403321 |
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Titolo |
Central America, Panama and the Dominican Republic [[electronic resource] ] : challenges following the 2008-09 global crisis / / editors, Marco Piñón ...[et. al.] |
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Pubbl/distr/stampa |
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Washington, D.C., : International Monetary Fund, c2012 |
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ISBN |
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1-4755-4381-6 |
1-4755-7201-8 |
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Descrizione fisica |
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1 online resource (462 p.) |
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Altri autori (Persone) |
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Soggetti |
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Global Financial Crisis, 2008-2009 |
Electronic books. |
Central America Economic conditions |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di contenuto |
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Cover Page; Title Page; Copyright Page; Contents; Structural Reforms; Fiscal Policy; Monetary Policy and Bank Supervision; Foreword; Overview; Abbreviations; Part I: Central America, Panama, And The Dominican Republic Before And During The Global Financial Crisis; 1 External Linkages and Economic Integration as of 2009; 2 The 2008-09 Global Crisis: Impact, Policy Responses, and the Role of the IMF; Part II Policy Challenges: A View From 2011; 3 The Challenge of Boosting Growth; 4 A Framework for Assessing the Level of Public Debt; 5 The Fiscal Position: Prospects and Options for Adjustment |
6 Monetary Policy Frameworks7 Official Dollarization in El Salvador as an Alternative Monetary Framework; 8 The Effectiveness of Monetary Policy; 9 Financial Supervision and Macroprudential Policies; Contributors; Index; External Linkages and Economic Integration as of 2009; Footnotes; The 2008-09 Global Crisis: Impact, Policy Responses, and the Role of the IMF; The Challenge of Boosting Growth; A Framework for Assessing the Level of Public Debt; The Fiscal Position: Prospects and Options for Adjustment; Monetary Policy Frameworks |
Official Dollarization in El Salvador as an Alternative Monetary FrameworkThe Effectiveness of Monetary Policy; Financial Supervision and Macroprudential Policies |
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Sommario/riassunto |
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Central America, Panama, and the Dominican Republic coped well with the global financial crisis of 2008-09. The impact was generally less severe and shorter lived than in previous episodes, the balance of payments adjustment was orderly, and the stability of the financial system was not compromised. This resilience can be attributed to a large extent to the strengthening of the fiscal frameworks, monetary management, and financial reforms conducted in the years preceding the global crisis. Nevertheless, the region faces considerable challenges for the period ahead, including the need to raise |
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