Latin America: New Challenges to Growth and Stability

Books, December 23, 2014

Source details

Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards.
Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery.
Economic activity across the region has been cooling off and the region is facing a more challenging period ahead.
The book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors.
More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.

Education reforms are being implemented across the region.
Energy sector reforms are underway in multiple countries.
Implicit recommendation: sustained and broader reform effort beyond current measures is necessary to restore stronger growth and improve living standards.

Authors: Dora M Iakova, Luis M. Cubeddu, Gustavo Adler, Sebastian Sosa
Publication date: December 23, 2014
Pages: 270
Stock No: LAGDEPEA
ISBN: 9781498328166
DOI: https://doi.org/10.5089/9781498328166.071
Subject: Balance of payments, Capital flows, Commodities, Commodity prices, Fiscal policy, Fiscal stance, National accounts, Personal income, Prices, Public debt
Keywords: Asia and Pacific, BOOK, Capital flows, Caribbean, Central America, commodity, commodity export, commodity exporter, commodity price, Commodity prices, Global, income windfall, Personal income, South America, terms-of-trade shock, TFP performance

International Monetary Fund — Latin America: New Challenges to Growth and Stability (web landing page).