Resilience in Latin America: Lessons from Macroeconomic Management and Financial Policies
This paper analyzes the unprecedented resilience of Latin American countries to the global financial crisis. It argues that sound macroeconomic conditions, which allowed an unusual monetary and fiscal expansion, exchange rate flexibility, a strong and well--regulated financial system, high level of...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
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Schriftenreihe: | IMF Working Papers
Working Paper No. 13/259 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper analyzes the unprecedented resilience of Latin American countries to the global financial crisis. It argues that sound macroeconomic conditions, which allowed an unusual monetary and fiscal expansion, exchange rate flexibility, a strong and well--regulated financial system, high level of reserves, and a bit of luck coming from very high terms of trade, were central to good economic performance. Persevering along the road of strong macroeconomic and financial policies is necessary, but not sufficient, to go from recovery to sustained growth |
Beschreibung: | 1 Online-Ressource (24 p) |
ISBN: | 1475550219 9781475550214 |
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spelling | De Gregorio, Jose Verfasser aut Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies De Gregorio, Jose Washington, D.C International Monetary Fund 2013 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/259 This paper analyzes the unprecedented resilience of Latin American countries to the global financial crisis. It argues that sound macroeconomic conditions, which allowed an unusual monetary and fiscal expansion, exchange rate flexibility, a strong and well--regulated financial system, high level of reserves, and a bit of luck coming from very high terms of trade, were central to good economic performance. Persevering along the road of strong macroeconomic and financial policies is necessary, but not sufficient, to go from recovery to sustained growth Online-Ausg http://elibrary.imf.org/view/IMF001/20995-9781475550214/20995-9781475550214/20995-9781475550214.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | De Gregorio, Jose Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies |
title | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies |
title_auth | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies |
title_exact_search | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies |
title_exact_search_txtP | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies |
title_full | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies De Gregorio, Jose |
title_fullStr | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies De Gregorio, Jose |
title_full_unstemmed | Resilience in Latin America Lessons from Macroeconomic Management and Financial Policies De Gregorio, Jose |
title_short | Resilience in Latin America |
title_sort | resilience in latin america lessons from macroeconomic management and financial policies |
title_sub | Lessons from Macroeconomic Management and Financial Policies |
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