Regional Economic Outlook - Western Hemisphere
- International Monetary Fund
The ongoing global turmoil represents a confluence of negative shocks for Latin America and the Caribbean: a freeze in global credit markets, weaker external demand, and lower commodity prices. But the region is expected to deal with these global shocks better than in previous crises, reflecting progress made in improving macro-economic fundamentals over the past decade. Still, there are a number of downside risks going forward. Against this uncertain background, the report discusses the implications of the global financial crisis for the regional outlook and the corresponding challenges facing policymakers.
This detailed document explores the economic landscape of the region during one of the most turbulent periods of modern times. It will be of wide-ranging application and interest not just for economic professionals but also for researchers and journalists eager to understand more fully the global impact of the economic downturn and the particular challenges faced by this region.
Expert analysis of the economic and policy challenges facing the region
Discussion of potential risks and pitfalls in moving forward
Also available in Spanish.
|Format||Paperback||Published||28 Oct 2008|
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