No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape
Global financial shocks under a revamped global financial landscape can produce unexpected, multi-faceted, and disruptive implications for emerging market economies. Using the VIX index as a proxy for global financial stress, we argue that Southern Cone macro conditions can undergo significant pressure under adverse global financial shocks. The region needs to start rebuilding macro buffers now -in addition to simultaneously correcting macro imbalances and enhancing policy frameworks- to cope with the emerging global financial environment. International organizations, including multilateral development banks, can play several key roles in supporting the rebuilding of macro buffers.
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Inter-American Development Bank
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Subjects: | Economy, Financial Market, Fiscal Policy, Investment, Macroeconomic Policy, Country Risk, Emerging Market, Standard Deviation, Macroeconomy, Finance, E44 - Financial Markets and the Macroeconomy, E52 - Monetary Policy, E58 - Central Banks and Their Policies, E62 - Fiscal Policy, F42 - International Policy Coordination and Transmission, financial markets;macroeconomics;Monetary policy;Fiscal Policy., |
Online Access: | http://dx.doi.org/10.18235/0004571 https://publications.iadb.org/en/no-time-later-rebuilding-macro-buffers-southern-cone-amid-revamped-global-financial-landscape |
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dig-bid-node-329082023-01-23T14:15:04ZNo Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape 2022-11-28T00:11:00+0000 http://dx.doi.org/10.18235/0004571 https://publications.iadb.org/en/no-time-later-rebuilding-macro-buffers-southern-cone-amid-revamped-global-financial-landscape Inter-American Development Bank Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. Global financial shocks under a revamped global financial landscape can produce unexpected, multi-faceted, and disruptive implications for emerging market economies. Using the VIX index as a proxy for global financial stress, we argue that Southern Cone macro conditions can undergo significant pressure under adverse global financial shocks. The region needs to start rebuilding macro buffers now -in addition to simultaneously correcting macro imbalances and enhancing policy frameworks- to cope with the emerging global financial environment. International organizations, including multilateral development banks, can play several key roles in supporting the rebuilding of macro buffers. Inter-American Development Bank Fabiano Rodrigues Bastos Diego Gutiérrez Virginia Queijo Von Heideken IDB Publications Brazil Chile Uruguay Paraguay Southern Cone en |
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Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. |
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Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. Inter-American Development Bank No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
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Global financial shocks under a revamped global financial landscape can produce unexpected, multi-faceted, and disruptive implications for emerging market economies. Using the VIX index as a proxy for global financial stress, we argue that Southern Cone macro conditions can undergo significant pressure under adverse global financial shocks. The region needs to start rebuilding macro buffers now -in addition to simultaneously correcting macro imbalances and enhancing policy frameworks- to cope with the emerging global financial environment. International organizations, including multilateral development banks, can play several key roles in supporting the rebuilding of macro buffers. |
author2 |
Fabiano Rodrigues Bastos |
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Fabiano Rodrigues Bastos Inter-American Development Bank |
topic_facet |
Economy Financial Market Fiscal Policy Investment Macroeconomic Policy Country Risk Emerging Market Standard Deviation Macroeconomy Finance E44 - Financial Markets and the Macroeconomy E52 - Monetary Policy E58 - Central Banks and Their Policies E62 - Fiscal Policy F42 - International Policy Coordination and Transmission financial markets;macroeconomics;Monetary policy;Fiscal Policy. |
author |
Inter-American Development Bank |
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Inter-American Development Bank |
title |
No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
title_short |
No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
title_full |
No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
title_fullStr |
No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
title_full_unstemmed |
No Time for Later: Rebuilding Macro Buffers in the Southern Cone amid a Revamped Global Financial Landscape |
title_sort |
no time for later: rebuilding macro buffers in the southern cone amid a revamped global financial landscape |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0004571 https://publications.iadb.org/en/no-time-later-rebuilding-macro-buffers-southern-cone-amid-revamped-global-financial-landscape |
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AT interamericandevelopmentbank notimeforlaterrebuildingmacrobuffersinthesouthernconeamidarevampedglobalfinanciallandscape |
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1809108364136808448 |