Managing economic volatility in Latin America / editors, Gaston Gelos and Alejandro Werner.

Format:

Book

Contributor:

Gelos, Gaston, editor.

Werner, Alejandro M., editor.

International Monetary Fund.

Language:

English

Subjects (All):

Capital movements--Latin America.

Capital movements.

Foreign exchange rates.

Foreign exchange reserves.

Latin America.

Foreign exchange reserves--Latin America.

Foreign exchange rates--Latin America.

Fiscal policy--Latin America.

Fiscal policy.

Monetary policy--Latin America.

Monetary policy.

Physical Description:

iv, 198 pages : illustrations ; 23 cm

Place of Publication:

Washington, D.C. : International Monetary Fund, [2014]

Summary:

How has Latin America coped with external shocks and economic vulnerabilities in the aftermath of the global financial crisis? Managing Economic Volatility in Latin America looks at how the region has fared in recent years in an environment of uncertainty. It presents a collection of novel contributions on capital flows, terms of trade, and macroeconomic policy in Latin America. The rigorous expert analysis offers an up-to-date guide to many of the key economic policy questions in the region. Chapters focus on important analytical issues, including assessing reserves adequacy and current account levels. The roles of macroeconomic policies and exchange rates regimes in coping with large capital inflows are examined, as well as the effectiveness of both monetary policy and fiscal policy in dealing with economic challenges in the region--Back cover.

Contents:

Worrying about currency appreciation? : the missing link between Dutch disease and growth / Nicolás Magud and Sebastián Sosa

International reserve adequacy in Central America / Kristin Magnusson Bernard

Estimating current account norms in Latin American emerging markets: a quantile regression approach / Roberto Perrelli

Brazil's experience in managing capital inflows: the role of capital controls / Roberto Benelli, Alex Segura-Ubiergo, and W. Christopher Walker

The impact of external developments on emerging market and developing economies: the role of exchange rate flexibility / Jorge Iván Canales-Kriljenko

Public debt targeting: an application to Caribbean countries / Alejandro Guerson and Giovanni Melina

What is driving financial dedollarization in Latin America? / Mercedes García-Escribano and Sebastián Sosa

Interest rate and exchange rate channels in dollarized and non-dollarized economies / Santiago Acosta-Ormaechea and David Coble.

Notes:

Includes bibliographic references and index.

ISBN:

9781484364987

1484364988

OCLC:

855044261