All that Glitters May Not Be Gold: Assessing Latin America`s Recent Macroeconomic Performance
Latin America is growing fast and fundamentals look healthier. Are these achievements here to stay? Strong commodity prices may not last forever and a US recession could have major repercussions in the region. Should countries prepare now for tomorrow's crisis? What is the top-ten list on the policy agenda? This report's aim is to present an alternative perspective in order to avoid either complacency or the "irrational exuberance" famously noted by Alan Greenspan, instead bringing into focus the macroeconomic policy challenges that logically follow from this alternative perspective. Our hope is that both policymakers and multilateral organizations will find this material stimulating enough to precipitate a useful-and in our view, necessary-debate.
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Monographs biblioteca |
| Language: | English |
| Published: |
Inter-American Development Bank
|
| Subjects: | Financial Crisis and Structural Adjustement, Fiscal Policy, Financial Market, Financial Risk, Monetary Policy, E42 - Monetary Systems • Standards • Regimes • Government and the Monetary System • Payment Systems, E62 - Fiscal Policy, O11 - Macroeconomic Analyses of Economic Development, O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance, O18 - Urban Rural Regional and Transportation Analysis • Housing • Infrastructure, Informe macroeconómico regional;macroeconomic regional report, |
| Online Access: | http://dx.doi.org/10.18235/0012613 https://publications.iadb.org/en/all-glitters-may-not-be-gold-assessing-latin-americas-recent-macroeconomic-performance |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|