LEADER 06513oam 22013694 450 001 9910824166003321 005 20240402051620.0 010 $a1-4552-2666-1 010 $a1-4527-7858-2 010 $a1-283-53670-6 010 $a1-4519-7754-9 010 $a9786613849151 035 $a(CKB)2470000000001376 035 $a(EBL)1608488 035 $a(SSID)ssj0000470542 035 $a(PQKBManifestationID)11312100 035 $a(PQKBTitleCode)TC0000470542 035 $a(PQKBWorkID)10412509 035 $a(PQKB)11141156 035 $a(MiAaPQ)EBC1608488 035 $a(Au-PeEL)EBL1608488 035 $a(CaPaEBR)ebr10300272 035 $a(OCoLC)796031523 035 $a(IMF)REOWHDEE2007002 035 $a(IMF)REOWHDEA2007002 035 $a(EXLCZ)992470000000001376 100 $a20020129d2007 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRegional Economic Outlook, November 2007, Western Hemisphere 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2007. 215 $a1 online resource (85 p.) 225 1 $aRegional Economic Outlook 300 $a"November 2007." 311 $a1-58906-672-3 320 $aIncludes bibliographical references. 327 $aCover; Contents; Preface; Executive Summary; I. The Global Economy and the Outlook for the United States and Canada; Global Outlook; Outlook for the United States and Canada; Boxes; 1. Recent Financial Market Turmoil: What Happened, and Why?; II. The Outlook for Latin America and the Caribbean; Overall Developments and Prospects; 2. Latin America's Cyclical Position; Financial Sector Developments; External Developments; Monetary and Exchange Rate Policies; 3. Trends in Latin America's Balance of Payments; 4. Real Exchange Rate and Competitiveness; 5. Optimal Prudential Reserve Levels 327 $a6. Effectiveness of Central Bank Intervention-Evidence from Colombia 23Fiscal Policy; Social Policies; 7. Escaping Poverty in Latin America; III. How Resilient Is Latin America's Expansion?; Channels of Transmission; 8. Are Remittances to Latin America Influenced by the U.S. Business Cycle?; 9. Will the U.S. Subprime Crisis Affect Bank Lending in Latin America?; Scenario Analysis; Conclusions; IV. Revenue Growth and the Strength of Underlying Fiscal Positions; Structural Commodity Revenues; Structural Noncommodity Revenues; Expenditures; Structural Primary Balances; Conclusions; Appendix 327 $aV. Financial Sector Development in Latin America: Recovery or Overheating?Financial Deepening or Bubbles; Credit Boom or Recovery; 10. Derivatives Markets in Latin America; Regulatory Responses and Options; Conclusions; Appendix; VI. Caribbean Economic Outlook and Integration Issues; Recent Developments and Economic Outlook; Regional Integration Issues; Financial Integration; Tax Incentives and Investment; Trade Preference Erosion; Conclusions; Table; Financial Sector Overview, 2006; References 330 3 $aIn spite of a slower U.S. economy and recent market turbulence, growth in the Latin America and Caribbean region has continued at a robust pace. This reports explores the resilience of the LAC region to external shocks and the policy challenges involved in sustaining the region?s improved fundamentals. The analysis focuses, in particular, on real and financial linkages with the United States, the strength of underlying fiscal positions, and the sustainability of the ongoing credit boom. 410 0$aRegional Economic Outlook; November 2007 606 $aEconomic forecasting$zNorth America 606 $aEconomic forecasting$zLatin America 606 $aEconomic forecasting$zCaribbean Area 606 $aExports and Imports$2imf 606 $aFinance: General$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aMoney and Monetary Policy$2imf 606 $aCommodity Markets$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aFiscal Policy$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aMonetary economics$2imf 606 $aFinance$2imf 606 $aInternational economics$2imf 606 $aPublic finance & taxation$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aCommodity prices$2imf 606 $aCredit$2imf 606 $aFiscal stance$2imf 606 $aExchange rates$2imf 606 $aPrices$2imf 606 $aMoney$2imf 606 $aFiscal policy$2imf 606 $aFinancial services industry$2imf 606 $aInternational finance$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$aExports and Imports 615 7$aFinance: General 615 7$aInflation 615 7$aMacroeconomics 615 7$aMoney and Monetary Policy 615 7$aCommodity Markets 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aFiscal Policy 615 7$aPrice Level 615 7$aDeflation 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aMonetary economics 615 7$aFinance 615 7$aInternational economics 615 7$aPublic finance & taxation 615 7$aCurrency 615 7$aForeign exchange 615 7$aCommodity prices 615 7$aCredit 615 7$aFiscal stance 615 7$aExchange rates 615 7$aPrices 615 7$aMoney 615 7$aFiscal policy 615 7$aFinancial services industry 615 7$aInternational finance 676 $a337.17 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910824166003321 996 $aRegional Economic Outlook, November 2007, Western Hemisphere$94018861 997 $aUNINA