Managing economic volatility in Latin America /

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Bibliographic Details
Imprint:[Washington, D.C.] : [International Monetary Fund], [2014]
©2014
Description:1 online resource (198 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11310794
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Other authors / contributors:Gelos, Gaston, editor.
Werner, Alejandro, editor.
ISBN:9781475565966
1475565968
9781484364987
1484364988
Notes:Includes bibliographical references and index.
Print version record.
Summary:How has Latin America coped with external shocks and economic vulnerabilities in the aftermath of the global financial crisis? Managing Economic Volatility in Latin America looks at how the region has fared in recent years in an environment of uncertainty. It presents a collection of novel contributions on capital flows, terms of trade, and macroeconomic policy in Latin America. The rigorous expert analysis offers an up-to-date guide to many of the key economic policy questions in the region. Chapters focus on important analytical issues, including assessing reserves adequacy and current account levels. The roles of macroeconomic policies and exchange rates regimes in coping with large capital inflows are examined, as well as the effectiveness of both monetary policy and fiscal policy in dealing with economic challenges in the region.
Other form:Print version: Gelos, Gaston. Managing Economic Volatility in Latin America. Washington : International Monetary Fund, ©2014
Standard no.:10.5089/9781475565966.071
Table of Contents:
  • pt. I. Capital flows and Dutch disease: Worrying about Currency Appreciation? The missing link between Dutch disease and growth
  • pt. II. Assessing reserve adequacy and current account levels: international reserve adequacy in Central America, Estimating current account norms in Latin American emerging markets, a quantile regression approach
  • pt. III. The role of macroprudential policies and exchange rate regimes: Brazil's experience in managing capital Inflows, the role of capital controls, The impact of external developments on emerging market and developing economies, the role of exchange rate flexibility
  • pt. IV. Fiscal policy: Public debt targeting, an application to Caribbean countries
  • pt. V. Monetary policy and dedollarization: What is driving financial dedollarization in Latin America? Interest rate and exchange rate channels in dollarized and non-dollarized economies.