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LAC Semiannual Report, October 2013 : Latin America's Deceleration and the Exchange Rate Buffer / Augusto de la Torre, Eduardo Levy Yeyati, Samuel Pienknagura
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- de la Torre.
- Series:
- Latin America and the Caribbean Semiannual Report
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- economic growth.
- economic outlook.
- exchange rates.
- medium-term prospects.
- resilience.
- short-term prospects.
- slowdown.
- Local Subjects:
- economic growth.
- economic outlook.
- exchange rates.
- medium-term prospects.
- resilience.
- short-term prospects.
- slowdown.
- Physical Description:
- 1 online resource (83 pages)
- Other Title:
- LAC Semiannual Report, October 2013
- Latin America and the Caribbean Semiannual Report
- Place of Publication:
- Washington, D.C., The World Bank, 2013.
- System Details:
- data file
- Summary:
- This semiannual report examines the short and medium-term challenges for Latin America and the Caribbean (LAC) as the external factors that were instrumental in the region's recent performance recede. In particular, we address the role of the exchange rate as a counter-cyclical policy tool to buffer adverse external shocks. As is customary in this series, Chapter 1 starts by providing an overview of the global economy and its implications for the short and medium-term prospects of the LAC region. It also examines the vulnerabilities of the region as tailwinds recede. Chapter 2 describes the new role of the exchange rate as a shock absorber in LAC amid the important transformations observed in the region in the past decade on the macro-financial front. Finally, Chapter 3 gives a detailed look at exchange rate-smoothing policy interventions.
- Notes:
- Description based on print version record.
- ISBN:
- 1-4648-0115-0
- Publisher Number:
- 10.1596/978-1-4648-0115-0
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