LEADER 04157nam 2200673 a 450 001 9910455741203321 005 20181220031858.0 010 $a1-4552-2464-2 010 $a1-4527-7656-3 010 $a1-283-53682-X 010 $a1-4519-4752-6 010 $a9786613849274 035 $a(CKB)2470000000001391 035 $a(EBL)1608624 035 $a(SSID)ssj0000470608 035 $a(PQKBManifestationID)11282285 035 $a(PQKBTitleCode)TC0000470608 035 $a(PQKBWorkID)10412645 035 $a(PQKB)11773627 035 $a(MiAaPQ)EBC1608624 035 $a(EXLCZ)992470000000001391 100 $a20091203d2008 uy 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 00$aRegional economic outlook$iWestern Hemisphere Apr. 08$b[electronic resource] 210 $a[Washington, D.C.] $cInternational Monetary Fund$dc2008 215 $a1 online resource (56 p.) 225 1 $aWorld economic and financial surveys 300 $aDescription based upon print version of record. 311 $a1-58906-716-9 320 $aIncludes bibliographical references (p. 48-49). 327 $aCover; Contents; Executive Summary; I. Overview: Navigating Financial Turbulence; U.S. and Global Outlook: Financial Shocks Weakening Prospects; Boxes; 1.1 United States: State of Play in Financial Turmoil; Transmission of Global Shocks to the LAC Region; 1.2 Poverty and Inequality Trends in the LAC Region; 1.3 The Global Surge in Commodity Prices: Implications for Latin America; LAC Outlook and Risks; 1.4 Macroeconomic Overview of the Caribbean Region; 1.5 Policies Concerning the Social Impact of Food Inflation; Options for Managing the Global Shock 327 $a1.6 The Scope for a Counter cyclical Fiscal Policy in Latin America II. Latin American Linkages to Global Financial Market Turbulence; Resilience So Far, but Global Context Weak; Potential Pressure Points on the Region's Banks; 2.1 Financial Flows from the United States to Latin America; 2.2 Financial Linkages in the Caribbean; Tightening of Market Financing Conditions for Corporate Sector; Conclusions; 2.3 Stock Market Linkages Between Latin America and the United States During 'Tail Events'; III. World Commodity Prices and LAC Inflation; Inflation Is Rising Across the LAC Region 327 $a3.1 Inflation Pressures in the Caribbean Analysis of Factors Driving Inflation; 3.2 Effects of Commodity Prices on Consumer Prices; 3.3 What Might Account for the Different Inflation Impact Across Countries?; Conclusions; Main Economic Indicators; References 330 $aThe main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnerabilities and stronger policy frameworks. Nonetheless, the report points to risks that the global financial stress could curtail capital flows to the region and world commodity prices could fall more than expected. There are also risks arising from rising inflation and rapid private credit growth in 410 0$aWorld economic and financial surveys. 606 $aEconomic forecasting$zNorth America 606 $aEconomic forecasting$zLatin America 606 $aEconomic forecasting$zCaribbean Area 607 $aNorth America$xEconomic conditions 607 $aLatin America$xEconomic conditions$y1982- 607 $aCaribbean Area$xEconomic conditions$y1945- 607 $aNorth America$xEconomic conditions$vStatistics 607 $aLatin America$xEconomic conditions$y1982-$vStatistics 607 $aCaribbean Area$xEconomic conditions$y1945-$vStatistics 608 $aElectronic books. 615 0$aEconomic forecasting 615 0$aEconomic forecasting 615 0$aEconomic forecasting 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910455741203321 996 $aRegional economic outlook$91916023 997 $aUNINA