1.

Record Nr.

UNINA9910826461603321

Autore

Iakova Dora

Titolo

Latin America : : New Challenges to Growth and Stability / / Dora Iakova, Luis Cubeddu, Gustavo Adler, Sebastian Sosa

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4983-0246-7

1-4983-6232-X

Edizione

[1st ed.]

Descrizione fisica

1 online resource (272 p.)

Altri autori (Persone)

CubedduLuis

AdlerGustavo

SosaSebastian

Disciplina

338.98

Soggetti

Economic development - Latin America

Fiscal policy - Latin America

Prices - Latin America

Capital movements - Latin America

Financial risk management - Latin America

Banks and Banking

Exports and Imports

Macroeconomics

Public Finance

Production and Operations Management

Finance: General

Investments: Commodities

Commodity Markets

Fiscal Policy

General Financial Markets: General (includes Measurement and Data)

International Investment

Long-term Capital Movements

Debt

Debt Management

Sovereign Debt

Finance

International economics

Investment & securities

Public finance & taxation

Commodity prices

Public debt

Fiscal stance



Personal income

Fiscal policy

Prices

National accounts

Commodities

Capital flows

Balance of payments

Income

Debts, Public

Capital movements

Commercial products

Latin America Economic conditions

Latin America Economic policy

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Editors: Dora Iakova, Luis M. Cubeddu, Gistabo Adler, and Sebastián Sosa.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Latin America: rising to new challenges / Dora Iakova, Sebastián Sosa, and Alejandro Werner -- Potential growth in Latin America / Sebastián Sosa, Evridiki Tsounta, and Hye Sun Kim -- After the boom: commodity prices and economic growth in Latin America and the Caribbean / Bertrand Gruss -- Commodity price cycles: the perils of mismanaging the boom / Gustavo Adler and Sebastián Sosa -- Terms-of-trade booms: saving-investment patterns and a new metric of income windfall / Gustavo Adler and Nicolas E. Magud -- External conditions and debt sustainability in Latin America / Gustavo Adler and Sebastián Sosa -- Has fiscal policy become less procyclical in Latin America? / Alexander Klemm -- Riding global waves: the impact of external financial shocks on emerging market economies / Gustavo Adler and Camilo E. Tovar -- Global financial shocks and gross capital flows in Latin America / Gustavo Adler, Marie L. Djigbenou, and Sebastián Sosa -- Spillovers to Latin America from the normalization of U.S. monetary policy / Alexander Klemm, Andre Meier, and Sebastián Sosa -- Housing markets in Latin America: do we need to worry about a bubble? / Luis Cubeddu, Camilo E. Tovar, and Evridiki Tsounta.

Sommario/riassunto

Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.