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From Global Collapse to Recovery : Economic Adjustment and Growth Prospects in Latin America and the Caribbean.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank.
- Series:
- Latin America and Caribbean Semiannual Report
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Adverse Effects.
- Capital.
- Capital Flows.
- Central Banks.
- Commodity Prices.
- Credit.
- Currencies and Exchange Rates.
- Debt.
- Dutch Disease.
- Economic Growth.
- Economy.
- Equity.
- Exporters.
- External Shocks.
- Federal Reserve.
- Finance.
- Finance and Financial Sector Development.
- Financial Crisis.
- Financial Institutions.
- Financial Policy.
- Fiscal Policy.
- Gdp.
- Global Economy.
- Human Capital.
- Incentives.
- Inflation.
- Insurance.
- Interest Rates.
- Investment Climate.
- Labor Markets.
- Labor Policies.
- Layoffs.
- Macroeconomics and Economic Growth.
- Management.
- Market Forces.
- Monetary Policy.
- Productivity.
- Public Spending.
- Regulatory Reform.
- Side Effects.
- Slowdown.
- Social Protections and Labor.
- Surplus.
- Trade.
- Uncertainty.
- Unemployment.
- Wages.
- Local Subjects:
- Adverse Effects.
- Capital.
- Capital Flows.
- Central Banks.
- Commodity Prices.
- Credit.
- Currencies and Exchange Rates.
- Debt.
- Dutch Disease.
- Economic Growth.
- Economy.
- Equity.
- Exporters.
- External Shocks.
- Federal Reserve.
- Finance.
- Finance and Financial Sector Development.
- Financial Crisis.
- Financial Institutions.
- Financial Policy.
- Fiscal Policy.
- Gdp.
- Global Economy.
- Human Capital.
- Incentives.
- Inflation.
- Insurance.
- Interest Rates.
- Investment Climate.
- Labor Markets.
- Labor Policies.
- Layoffs.
- Macroeconomics and Economic Growth.
- Management.
- Market Forces.
- Monetary Policy.
- Productivity.
- Public Spending.
- Regulatory Reform.
- Side Effects.
- Slowdown.
- Social Protections and Labor.
- Surplus.
- Trade.
- Uncertainty.
- Unemployment.
- Wages.
- Other Title:
- From Global Collapse to Recovery
- Place of Publication:
- Washington, D.C. : The World Bank, 2010.
- System Details:
- data file
- Summary:
- The global crisis is now in the rear view mirror and world growth is being restored. In sharp contrast with past episodes of global turmoil, this time the recovery is led by the periphery, specifically by the larger and more dynamic emerging markets (Brazil, China, India, South Korea, Malaysia, Philippines, and Thailand). For this group of emerging markets (EMs), the contraction in economic activity was much smaller than that of rich countries, the recovery started earlier, and the rebound has been much steeper. Latin America and the Caribbean (LAC) are second among emerging regions, after Asia, in the strength of the recovery. The first part of the report focuses on macroeconomic and financial aspects, emphasizing the outlook going forward. Finally, the second part examines some aspects of the adjustment in labor markets during this crisis in comparison to previous ones.
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