{
  "title": "Regional Economic Outlook, April 2007, Western Hemisphere",
  "publication": "Western Hemisphere, April 12, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321",
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  "overlayPath": "/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/index.md",
  "summary": "The past year has been one of strong economic performance for the Western Hemisphere, notwithstanding somewhat slower growth in the United States in recent quarters. Can this performance be sustained, and what challenges does the region face?",
  "sections": [
    {
      "heading": "Overview and central question",
      "content": "- The past year has been one of strong economic performance for the Western Hemisphere, notwithstanding somewhat slower growth in the United States in recent quarters.\n- Central question: Can this performance be sustained, and what challenges does the region face?\n- The report reviews macroeconomic prospects and risks and pays particular attention to the influence of the external environment on Latin America.\n- The report addresses whether Latin America has now succeeded in breaking with its history of periodic growth reversals."
    },
    {
      "heading": "Macroeconomic prospects and risks (as described)",
      "content": "- Reviews macroeconomic prospects for the Western Hemisphere following a year of strong performance.\n- Notes somewhat slower growth in the United States in recent quarters as a factor affecting the region.\n- Emphasizes assessment of risks to sustaining recent performance (specific risk magnitudes or scenarios are not provided on this page)."
    },
    {
      "heading": "Focus on Latin America and external environment",
      "content": "- Pays particular attention to the influence of the external environment on Latin America.\n- Addresses the question of whether Latin America has now succeeded in breaking with its history of periodic growth reversals."
    },
    {
      "heading": "Subjects and keywords listed on the page",
      "content": "- Subject: Commodity prices, Housing prices, Prices, Production, Productivity, Public debt, Total factor productivity\n- Keywords: Caribbean, Central America, Commodity prices, East Asia, Global, high-productivity scenario, Housing prices, IMF staff calculation, impulse response function, nonfuel commodity price, price, Productivity, REO, standard deviation commodity shock, Total factor productivity, variable, world growth shock\n\n---\n\n\n References\n\n- https://www.imf.org/en/publications/reo/wh\n- United States and the IMF\n- Explore\n- Subscribe\n- Download PDF\n- More Formats on IMF eLibrary\n- Order a Print Copy\n- Commodity prices\n- Housing prices\n- Prices\n- Production\n- Productivity\n- Public debt\n- Total factor productivity\n- Development Committee: The Managing Director's Written Statement\nOctober 20, 2025\n- The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition\nOctober 16, 2025\n- Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho\nOctober 14, 2025\n- The Evolving Growth Model of Lithuania: Republic of Lithuania\nOctober 13, 2025\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/index.md)",
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    "[Bundle manifest](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/bundle-manifest.json)",
    "Published: April 12, 2007",
    "Series: Western Hemisphere",
    "DOI: https://doi.org/10.5089/9781589066427.086",
    "The past year has been one of strong economic performance for the Western Hemisphere, notwithstanding somewhat slower growth in the United States in recent quarters.",
    "Central question: Can this performance be sustained, and what challenges does the region face?",
    "The report reviews macroeconomic prospects and risks and pays particular attention to the influence of the external environment on Latin America.",
    "The report addresses whether Latin America has now succeeded in breaking with its history of periodic growth reversals.",
    "Reviews macroeconomic prospects for the Western Hemisphere following a year of strong performance.",
    "Notes somewhat slower growth in the United States in recent quarters as a factor affecting the region.",
    "Emphasizes assessment of risks to sustaining recent performance (specific risk magnitudes or scenarios are not provided on this page).",
    "Pays particular attention to the influence of the external environment on Latin America.",
    "Addresses the question of whether Latin America has now succeeded in breaking with its history of periodic growth reversals.",
    "Subject: Commodity prices, Housing prices, Prices, Production, Productivity, Public debt, Total factor productivity",
    "Keywords: Caribbean, Central America, Commodity prices, East Asia, Global, high-productivity scenario, Housing prices, IMF staff calculation, impulse response function, nonfuel commodity price, price, Productivity, REO, standard deviation commodity shock, Total factor productivity, variable, world growth shock",
    "[https://www.imf.org/en/publications/reo/wh](https://www.imf.org/en/publications/reo/wh)",
    "[United States and the IMF](http://www.imf.org/external/country/USA/index.htm)",
    "[Explore](https://www.elibrary.imf.org/)",
    "[Subscribe](https://www.imf.org/en/Publications/Newsletter/registration)",
    "[Download PDF](http://www.imf.org/external/pubs/ft/reo/2007/whd/eng/wreo0407.htm)",
    "[More Formats on IMF eLibrary](https://elibrary.imf.org/display/book/9781589066427/9781589066427.xml?cid=lk-com-dsp-imf.org)",
    "[Order a Print Copy](https://www.bookstore.imf.org/cart?isbn=9781589066427)",
    "[Commodity prices](https://www.imf.org/en/publications/publications-by-subject?subject=Commodity+prices)",
    "[Housing prices](https://www.imf.org/en/publications/publications-by-subject?subject=Housing+prices)",
    "[Prices](https://www.imf.org/en/publications/publications-by-subject?subject=Prices)",
    "[Production](https://www.imf.org/en/publications/publications-by-subject?subject=Production)",
    "[Productivity](https://www.imf.org/en/publications/publications-by-subject?subject=Productivity)",
    "[Public debt](https://www.imf.org/en/publications/publications-by-subject?subject=Public+debt)",
    "[Total factor productivity](https://www.imf.org/en/publications/publications-by-subject?subject=Total+factor+productivity)",
    "[Development Committee: The Managing Director's Written Statement",
    "[The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition",
    "[Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho",
    "[The Evolving Growth Model of Lithuania: Republic of Lithuania"
  ],
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  "generatedAtUtc": "2026-09-06T04:58:03.25Z"
}