Western Hemisphere Region

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2015

October 7, 2015

Regional Economic Outlook (REO): Western Hemisphere - Northern Spring, Southern Chills, April 2015

Description: Economies in the Western Hemisphere are generally seeing a slowdown in growth. The U.S. economy regained momentum after a slow start at the beginning of the year, while in Latin America and the Caribbean economic activity continues to decelerate at the regional level. Stronger U.S. growth should benefit countries in the region, especially those with tighter links through trade, remittances, and tourism (Mexico, Central America, and the Caribbean). Weaker commodity prices for the foreseeable future, however, will continue to hurt South America’s net commodity exporters—lowering national incomes, reducing investment, and worsening fiscal balances. These developments could, in turn, impede progress made in recent years in poverty reduction. Key risks, including an abrupt tightening of U.S. interest rates or a further slowdown in China, may disproportionately affect Latin America. Chapters in this report examine monetary policy in Latin America, including the region’s exposure to global financial shocks; the role of value chains and regional trade agreements in fostering trade integration; and the state of financial market development in the region.

April 29, 2015

Regional Economic Outlook (REO): Western Hemisphere - Northern Spring, Southern Chills, April 2015

Description: Global growth remained modest and uneven last year—amid further downgrades in medium-term growth forecasts and a sharp decline in the price of oil—and is projected to strengthen only gradually over the period ahead. Prospects for advanced economies have improved somewhat, as the U.S. economy is projected to maintain robust growth, while cheaper oil and weaker currencies should support recovery in the euro area and Japan. By contrast, growth is expected to ease in oil exporters and several major emerging market economies, including China. Risks around this global outlook have become more balanced, but key downside risks remain—including renewed geopolitical tensions, possible abrupt shifts in financial markets, and stagnation and low inflation risks in advanced economies.

2014

October 10, 2014

Regional Economic Outlook: Western Hemisphere, October 2014 -- Table of Contents

Description: These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in the regions, and discuss key challenges faced by policymakers. They address regional policy developments and challenges, and provide country-specific data and analysis, including through analytical pieces on issues of interest to a particular region.

April 24, 2014

Regional Economic Outlook: Western Hemisphere Hemisphere Department

Description: IMF Regional Economic Outlook: Western Hemisphere Department

2013

October 11, 2013

Regional Economic Outlook Update: Western Hemisphere Hemisphere Department

Description: IMF Regional Economic Outlook Update: Western Hemisphere Department

May 6, 2013

Regional Economic Outlook: Western Hemisphere Hemisphere Department

Description: IMF Regional Economic Outlook: Western Hemisphere Department

2012

October 12, 2012

Regional Economic Outlook Update: Western Hemisphere Hemisphere Department

Description: IMF Regional Economic Outlook Update: Western Hemisphere Department

April 25, 2012

Regional Economic Outlook: Western Hemisphere - Rebuilding Strength and Flexibility, April 2012 -- Table of Contents

Description: IMF Regional Economic Outlook: Western Hemisphere - April 2012 -- Table of Contents

2011

October 5, 2011

Regional Economic Outlook: Western Hemisphere - Shifting Winds, New Policy Challenges, October 2011 -- Table of Contents

Description: IMF Regional Economic Outlook: Western Hemisphere - October 2011 -- Table of Contents

April 1, 2011

Regional Economic Outlook: Western Hemisphere - Watching Out for Overheating, May 2011 -- Table of Contents

Description: The IMF's Regional Economic Outlook: Western Hemisphere provides in-depth coverage of recent economic developments in the region, and country-specific analyses of risks from inflation, economic overheating, rising commodity prices, and rapid credit growth, as well as prospects for the private sector, trade, and public spending.

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