Working Papers in full text
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
All
Other research-related activities and publications of the IMF can be found at IMF Research
|
Free Email Notification
Receive emails when we post new
items of interest to you.
Subscribe or
Modify your profile
|
|
|
|
Macroeconomic Volatility: The Policy Lessons from Latin America
|
Author/Editor: |
Singh, Anoop |
| Authorized for Distribution: |
July 1, 2006 |
|
Electronic Access: |
Free Full Text (PDF file size is 397KB)
Use the free Adobe Acrobat Reader to view this PDF file.
|
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.
|
|
Summary: The recent recovery in Latin America has been impressive but also raises the question whether this represents a fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and financial crisis over the past century has adversely impacted on growth and other development indicators, and the role played by policy instability. The paper then concludes that recent policies in the region offer encouragement that these vulnerabilities are being addressed, but notes that an important agenda still remains to be addressed.
|
|
|
|
Series: |
Working Paper No. 06/166 |
|
Subject(s): |
Economic policy | Latin America |
|
Author's keyword(s): |
Macroeconomic volatility | Latin America | growth cycles | moontary policy | fiscal policy | banking and currency crises | structural reform | debt | inflation targeting | fiscal frameworks |
|
|
|
|
| |
Published: |
|
July 1, 2006 |
|
|
|
|
| |
ISBN/ISSN: |
|
0 / 1934-7073 |
|
Format: |
|
Paper |
| |
Stock No: |
|
WPIEA2006166 |
|
Pages: |
|
31 |
| |
Price: |
|
US$15.00
|
|
|
|
|
|
|
