1.

Record Nr.

UNINA9910788402003321

Autore

Singh Anoop

Titolo

Macroeconomic Volatility : : The Policy Lessons from Latin America / / Anoop Singh

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-5686-9

1-4527-6628-2

1-283-51468-0

1-4519-8515-0

9786613827135

Descrizione fisica

1 online resource (31 p.)

Collana

IMF Working Papers

Soggetti

Financial crises - Latin America

Financial Risk Management

Inflation

Public Finance

Debt

Debt Management

Sovereign Debt

Price Level

Deflation

Fiscal Policy

Financial Crises

Public finance & taxation

Macroeconomics

Economic & financial crises & disasters

Public debt

Fiscal policy

Financial crises

Government asset and liability management

Debts, Public

Prices

Finance, Public

Latin America Economic conditions

Brazil



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"July 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. MACROECONOMIC VOLATILITY IN LATIN AMERICA: A HISTORICAL PERSPECTIVE""; ""III. ROLE OF MACROECONOMIC POLICIES""; ""IV. WHAT�S NEW THIS TIME AROUND?""; ""V. REMAINING AGENDA""; ""VI. CONCLUDING REMARKS""; ""REFERENCES""

Sommario/riassunto

The recent recovery in Latin America has been impressive but also raises the question whether this represents a fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and financial crisis over the past century has adversely impacted on growth and other development indicators, and the role played by policy instability. The paper then concludes that recent policies in the region offer encouragement that these vulnerabilities are being addressed, but notes that an important agenda still remains to be addressed.