Less volatile growth? The role of regional financial institutions / José Luis Machinea and Daniel Titelman.

Format:

Book

Government document

Author/Creator:

Machinea, José Luis, author.

Contributor:

Titelman, Daniel.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (22 pages)

Contained In:

CEPAL Review Vol. 2007, no. 91, p. 7-28 2007:91<7 16840348

Place of Publication:

New York : United Nations, 2007.

System Details:

data file

Summary:

The volatility of economic growth in the countries of Latin America and the Caribbean has been exacerbated by a lack of suitable instruments for smoothing external shocks. Difficulties with the provision of emergency financing and the development of financial markets capable of trading government securities that incorporate better contingency mechanisms have contributed to economic volatility. To identify routes towards progress with these two issues in the Latin American context, the present article examines the role that could be played by regional and subregional financial institutions, always bearing in mind that while these can supplement global institutions, they cannot supplant them.

Notes:

Title from title screen (viewed May 1, 2017).

Access Restriction:

Restricted for use by site license.