## Regional Economic Outlook, April 2007, Western Hemisphere

_Western Hemisphere, April 12, 2007_

## Source details

**Canonical URL:** [Regional Economic Outlook, April 2007, Western Hemisphere](https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321)

## Other formats

- [Markdown version](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/index.md)
- [Structured JSON version](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/index.json)
- [Bundle manifest](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321/bundle-manifest.json)

## Bibliographic details
- Published: April 12, 2007
- Series: Western Hemisphere
- DOI: https://doi.org/10.5089/9781589066427.086

---

### Overview and central question
- 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.

### Macroeconomic prospects and risks (as described)
- 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).

### Focus on Latin America and external environment
- 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.

### Subjects and keywords listed on the page
- 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

---


## References

- [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)
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- [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
October 20, 2025](https://www.imf.org/en/publications/policy-papers/issues/2025/10/20/development-committee-the-managing-director-s-written-statement-571316)
- [The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition
October 16, 2025](https://www.imf.org/en/publications/policy-papers/issues/2025/10/14/the-managing-director-s-global-policy-agenda-fall-2025-navigating-a-world-in-transition-570971)
- [Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho
October 14, 2025](https://www.imf.org/en/publications/selected-issues-papers/issues/2025/10/14/setting-up-fiscal-rules-in-lesotho-kingdom-of-lesotho-571221)
- [The Evolving Growth Model of Lithuania: Republic of Lithuania
October 13, 2025](https://www.imf.org/en/publications/selected-issues-papers/issues/2025/10/10/the-evolving-growth-model-of-lithuania-republic-of-lithuania-571150)

_Source: https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-april-2007-western-hemisphere-20321_