| Description |
1 online resource (68 pages) |
| Series |
World economic and financial surveys |
|
Regional Economic Outlook
|
| Contents |
Cover; Contents; Preface; Executive Summary; 1. The United States, Canada, and the World: Outlook and Policy Challenges; Global Backdrop: Receding Risks, Three-Speed Recovery; The United States: Modest Growth, Bright Spots Appearing; Canada: Moderating Growth Amid Currency Strength; Boxes; 1.1 U.S. Household Balance Sheets After Five Years of Repair; 1.2 Canadian and Mexican Exports to the United States: A Tale of Two Countries; 2. Outlook and Policy Challenges for Latin America and the Caribbean; Overview; Policy Challenges; Financially Integrated Economies; Other Commodity Exporters |
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Central America, Panama, and the Dominican RepublicThe Caribbean; Tables; 2.1 Western Hemisphere: Main Economic Indicators; 2.2 Western Hemisphere: Main Fiscal Indicators; 2.3 Western Hemisphere: Selected Economic and Social Indicators; 2.4 Macroprudential (MaP) and Capital Flow Management (CFM) Measures in Latin America; 2.1 Taking Stock of European Banks' Deleveraging in Latin America; 2.2 Foreign Ownership of Local Currency Securities and Exchange Rate Flexibility; 2.3 Sustaining Progress in Banking Regulation and Supervision in Latin America |
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2.4 The Caribbean: In Search of Lost Competitiveness3. Is the Growth Momentum in Latin America Sustainable?; What Factors Drove the Recent Strong Growth Performance?; Is the Recent Strong Performance Sustainable?; Policy Implications; Annex 3.1. Data and Methodology; 4. Latin America's Fiscal and External Strength: How Dependent Is It on External Conditions?; Introduction; A Decade of Falling Public and External Debt, 2003-12; External Factors and Debt Sustainability; Conclusions; Annex 4.1. Global Variables under Alternative Scenarios |
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4.1 Optimal Sovereign Debt Levels: The Information in Sovereign Spreads5. Is Latin America Saving Its Terms-of-Trade Windfall? A Metric; Introduction; The Terms-of-Trade Windfall-a Historical Perspective; A Measure of Windfall Saving; Concluding Remarks; Annex 5.1; References; New Publications from the Western Hemisphere Department |
| Summary |
Despite some global risks, external conditions for Latin America should remain stimulative. With monetary policy in advanced economies expected to stay accommodative, external financing conditions will remain favorable. Strong demand from emerging Asian economies and the gradual recovery of advanced economies will continue to support commodity prices, benefiting exporters. The main policy challenge for most of the region is to take advantage of current conditions to continue buttressing a foundation for sustained growth. Other issues important to the region include: (i) strengthening balance s |
| Notes |
English |
|
Print version record |
| Subject |
Economic forecasting -- North America
|
|
Economic forecasting -- Latin America
|
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Economic forecasting -- Caribbean Area
|
|
Economic forecasting
|
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Caribbean Area
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Latin America
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North America
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| Form |
Electronic book
|
| Author |
International Monetary Fund, Contributor
|
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International Monetary Fund, Corporate Author.
|
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International Monetary Fund.
|
| ISBN |
1484391160 |
|
9781484391167 |
|
1484382471 |
|
9781484382479 |
|
1484396146 |
|
9781484396148 |
|
