## Regional Economic Outlook: Western Hemisphere - Title, May 2010 -- Table of Contents

_Western Hemisphere, May 4, 2010_

## Source details

**Canonical URL:** [Regional Economic Outlook: Western Hemisphere - Title, May 2010 -- Table of Contents](https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-western-hemisphere1)

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- [Markdown version](/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-western-hemisphere1/index.md)
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## Bibliographic details
- Published: May 4, 2010
- Series: Western Hemisphere

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### Executive overview: Global and regional setting
- "A multispeed global recovery is under way, with some emerging markets in the lead and the major advanced economies growing more slowly."
- "This macroeconomic setting has brought a return to easy global financial conditions and high commodity prices—a situation likely to be sustained for some time but unlikely to be permanent."
- "Against that external backdrop, the recovery in the Latin America and Caribbean region overall is advancing faster than anticipated, but moving at different speeds across countries."
- Together with high commodity prices, easy external financial conditions "represent favorable 'tailwinds' for many countries of the region, but also carry risks for policymakers to address."

### Chapter 1 — Global, U.S., and Canadian Outlook
- The Global Backdrop—"A Recovery with Uneven Speed"
- United States—"Recovery Is Still Policy Driven"
- Canada—"Recovery Is Getting Entrenched"
- "Implications for the Latin American and Caribbean Region"

### Chapter 2 — Outlook for Latin America and the Caribbean
- "Growth is Gaining Momentum"
- "Different Speed of Recovery—Different Policy Challenges"
- Groupings and country situations:
  - "Financially Integrated Commodity Exporters" — "Bouncing Back"; "Policy Challenges: Managing Good Times"; "Further Strengthening Policy Frameworks"
  - "Tourism Intensive Commodity Importers" — "Global Shocks Persisting"; "Policy Challenges: Ensuring Fiscal Sustainability amid Low Growth"
  - "Other Commodity Exporters" — "Riding the Commodity Cycle"; "Policy Challenges: Avoiding the Perils of Procyclicality"; "Going Back to Financial Markets?"
  - "Other Commodity Importers" — "Traveling the Middle Ground"; "Policy Challenges: Replenishing Buffers"
- "Concluding Remarks"

### Chapter 3 — Challenges Arising from Easy External Financial Conditions
- Key concerns and causal chain:
  - "What Are the Concerns?"
  - "Booming Domestic Demand . . ."
  - "And Currency Appreciation . . ."
  - "May Lead to Vulnerabilities . . ."
  - "And Hinder Competitiveness and Possibly Growth"
- "Policy Matters"
  - "In the Past . . ."
  - "And in the Future, when an Array of Policy Options Need to Be on the Table"

### Data and indicators included
- "Western Hemisphere: Main Economic Indicators" — English | Spanish
- "Latin America and the Caribbean: Main Fiscal Indicators"

### Boxes and thematic deep dives (selected)
- 1.1 Recent Developments in Financial Regulation Reforms
- 1.2 Rebalancing Global Demand: What Will Take Up the Baton from the U.S. 5 Consumer?
- 1.3 U.S. Monetary Policy: How Low for How Long?
- 2.1 Potential Spillovers from GIPS to Latin America
- 2.2 LAC Country Analytical Groupings
- 2.3 Impact of the Earthquake on Haiti and the Role of the IMF
- 2.4 The Global Crisis and Social Outcomes
- 2.5 Capital Inflows––An Aspect of "Good Times"
- 2.6 The Impact of Employment Conditions on Tourism, and Tourism on Output
- 2.7 Fiscal Performance and Commodity Cycles: Not a Standard Amusement Ride
- 3.1 When Are Financial Conditions "Easy"?
- 3.2 Capital Inflows when External Financial Conditions Are Easy
- 3.3 Real Appreciation and Trend Growth: An Overview on Dutch Disease and Related Concerns

*Regional Economic Outlook: Western Hemisphere - Title, May 2010 -- Table of Contents*

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## Content in this bundle

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---

## References

- [Press Release](https://www.imf.org/external/np/sec/pr/2010/pr10178.htm)
- [Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)
- [IMF Regional Reports](https://www.imf.org/external/pubs/cat/region.asp)
- [World Economic Outlook](https://www.imf.org/external/pubs/ft/weo/2010/01/)
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_Source: https://www.imf.org/en/publications/reo/wh/issues/2017/01/07/regional-economic-outlook-western-hemisphere1_