1 option
LAC Semiannual Report April 2015 : Latin America Treads a Narrow Path to Growth: The Slowdown and its Macroeconomic Challenges. / de la Torre, Augusto
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- de la Torre, Augusto .
- Series:
- World Bank e-Library.
- LAC Semiannual Report
- Language:
- English
- Subjects (All):
- Commodity prices.
- Decentralization.
- Macroeconomic policies.
- Policy mix.
- Savings.
- Local Subjects:
- Commodity prices.
- Decentralization.
- Macroeconomic policies.
- Policy mix.
- Savings.
- Physical Description:
- 1 online resource (73 pages)
- Other Title:
- LAC Semiannual Report April 2015
- LAC Semiannual Report
- Place of Publication:
- Washington, D.C. : The World Bank, 2015.
- System Details:
- data file
- Summary:
- The April 2015 LAC Semiannual Report covers the short-term prospects and provides an analysis of the external factors affecting the region's economic performance. The first chapter expands on LAC's economic outlook paying special attention to the global context and its effect on LAC's economic performance. In this first Chapter we argue that the region experienced an external shock that has shaped growth in recent years, and that this shock is likely here to stay. Chapter 2 discusses the policy space available for LAC countries as they try to accommodate to the current global context. In particular, the first part of the second Chapter discusses the rather limited monetary fiscal and monetary space currently present in the region. The second part of the Chapter argues part of this limited policy space is associated to LAC's relatively low savings rate. Moreover, the Chapter shows that in addition to the potential positive effects that higher savings could have on policy space, it could also have a beneficial effect on long-term growth.
- Notes:
- Description based on print version record.
- Publisher Number:
- 10.1596/978-1-4648-0609-4
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.