Western Hemisphere Region

Regional Economic Outlook, April 2008, Western Hemisphere

Publication Date:

April 12, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnerabilities and stronger policy frameworks. Nonetheless, the report points to risks that the global financial stress could curtail capital flows to the region and world commodity prices could fall more than expected. There are also risks arising from rising inflation and rapid private credit growth in a number of countries. The report then explores the policy options facing governments in the region, underscoring the need to preserve the gains of recent years

Series:

April 2008

Subject:

Commodities Commodity prices Financial institutions Financial markets Food prices Inflation Prices Stock markets Stocks

Notes:

Full text also available in Spanish.

Frequency:

Biannually