LEADER 06897oam 22014894 450 001 9910780743303321 005 20230721024302.0 010 $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(IMF)REOWHDEE2008001 035 $a(IMF)REOWHDEA2008001 035 $a(EXLCZ)992470000000001391 100 $a20020129d2008 uf 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aRegional Economic Outlook, April 2008, Western Hemisphere 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (56 p.) 225 1 $aRegional Economic Outlook 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 3 $aThe main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnerabilities and stronger policy frameworks. Nonetheless, the report points to risks that the global financial stress could curtail capital flows to the region and world commodity prices could fall more than expected. There are also risks arising from rising inflation and rapid private credit growth in a number of countries. The report then explores the policy options facing governments in the region, underscoring the need to preserve the gains of recent years. 410 0$aRegional Economic Outlook; April 2008 606 $aEconomic forecasting$zNorth America 606 $aEconomic forecasting$zLatin America 606 $aEconomic forecasting$zCaribbean Area 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aInflation$2imf 606 $aInvestments: Stocks$2imf 606 $aMacroeconomics$2imf 606 $aInvestments: Commodities$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aCommodity Markets$2imf 606 $aAgriculture: Aggregate Supply and Demand Analysis$2imf 606 $aPrices$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aInvestment & securities$2imf 606 $aFinance$2imf 606 $aBanking$2imf 606 $aMonetary economics$2imf 606 $aCommodity prices$2imf 606 $aFood prices$2imf 606 $aStock markets$2imf 606 $aStocks$2imf 606 $aFinancial markets$2imf 606 $aFinancial institutions$2imf 606 $aCommodities$2imf 606 $aStock exchanges$2imf 606 $aBanks and banking$2imf 606 $aCommercial products$2imf 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 607 $aUnited States$2imf 615 0$aEconomic forecasting 615 0$aEconomic forecasting 615 0$aEconomic forecasting 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aInflation 615 7$aInvestments: Stocks 615 7$aMacroeconomics 615 7$aInvestments: Commodities 615 7$aPrice Level 615 7$aDeflation 615 7$aCommodity Markets 615 7$aAgriculture: Aggregate Supply and Demand Analysis 615 7$aPrices 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aInvestment & securities 615 7$aFinance 615 7$aBanking 615 7$aMonetary economics 615 7$aCommodity prices 615 7$aFood prices 615 7$aStock markets 615 7$aStocks 615 7$aFinancial markets 615 7$aFinancial institutions 615 7$aCommodities 615 7$aStock exchanges 615 7$aBanks and banking 615 7$aCommercial products 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910780743303321 996 $aRegional Economic Outlook, April 2008, Western Hemisphere$93807548 997 $aUNINA