1 option
Fiscal Adjustment in Latin America and the Caribbean : Short-Run Pain, Long-Run Gain? / Carlos A. Vegh.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Vegh, Carlos A.
- Series:
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Elasticity.
- Growth.
- Household Income Inequality.
- Inequality.
- Labor Force Participation.
- Labor Income Inequality.
- Slowdown.
- Terms Of Trade.
- Unemployment.
- Latin America.
- Local Subjects:
- Elasticity.
- Growth.
- Household Income Inequality.
- Inequality.
- Labor Force Participation.
- Labor Income Inequality.
- Slowdown.
- Terms Of Trade.
- Unemployment.
- Latin America.
- Physical Description:
- 1 online resource (0 pages)
- Other Title:
- Fiscal Adjustment in Latin America and the Caribbean
- Place of Publication:
- Washington, D.C. : The World Bank, 2018.
- System Details:
- data file
- Summary:
- After a growth slowdown that lasted six years, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed growth at a modest rate of 1.1 percent in 2017 and 1.8 percent expected in 2018. This reflects a more favorable external environment, particularly a recovery in commodity prices. In spite of the benign external environment, most LAC countries still face a fragile fiscal situation. While gradual fiscal adjustments have started in several countries, most countries are still running fiscal deficits and debt levels are high. Further fiscal consolidation is needed to preserve the substantial gains achieved by the region in recent times, in terms of lower inflation, less poverty and inequality, and inclusive growth. This Semiannual Report analyzes the complex decisions regarding fiscal adjustment policies.
- Notes:
- Description based on print version record.
- ISBN:
- 1-4648-1290-X
- Publisher Number:
- 10.1596/978-1-4648-1290-3
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 If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.