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Regional Economic Outlook.
Despite the recent deterioration in the global economic environment, projections for the region involve only a modest worsening of the outlook. The October 2011 Regional Economic Outlook: Western Hemisphere cautions, however, that there are severe downside risks. A sharp slowdown in Asia, for exampl...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2011.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Contents; Preface; Executive Summary; 1. Global, U.S., and Canadian Outlook; 1.1. The Global Outlook-A Dual Speed Expansion Proceeds with Increasing Risks; Advanced Economies; Emerging Market Economies; 1.2. United States-Ongoing Recovery with Downside Risks; Boxes; 1.1. Long-Term Outlook for the U.S. Federal Government Finances; What Kinds of Policies Are Needed?; 1.2. Household Deleveraging in the United States; 1.3. Canada-Recovery Gathers Strength; 1.4. Implications for the Latin American and Caribbean Region; 1.3. Canada's Financial System Resilience: What Can Others Learn?
- 2. Outlook and Policy Issues for Latin America and the Caribbean2.1. Overview; 2.2. Policy Challenges; South America-Managing Double Tailwinds; 2.1. Changing Export Patterns in Latin America and the Caribbean; South America-The Less Financially Integrated Commodity Exporters; 2.2. An Update on Macroprudential Policies; Mexico and Central America-Rebuilding Policy Buffers; The Caribbean-Recovery Beginning Amid High Debt; 2.3. Haiti: Economic Developments since the January 2010 Earthquake; 2.4. Caribbean Offshore Financial Centers: Opportunities and Challenges.
- 2.3. Dealing with the Oil and Food Price ShockImpact of Global Commodity Price Shocks on Inflation; Monetary Policy in the Face of Commodity Price Shocks; Social Policies and Commodity Price Shocks: Protecting the Poor; 2.5. The Information Value of Core Inflation; 2.4. Credit Markets and Asset Prices-Are Bubbly Conditions Taking Hold?; Bank Credit Growth; Corporate Indebtedness; Equity Prices; Housing Prices; 2.5. Capital Inflows-Guarding Against the Reversal of Favorable Global Conditions; 2.6. Stock Market Developments in the Region: The Role of Commodities.
- Annex 2.1. Estimating Inflation Pass-Throughs3. Foreign Exchange Market Intervention: How Good a Defense Against Appreciation Winds?; 3.1. Introduction; 3.2. Key Trends; 3.1. Actual Intervention and Changes in Gross International Reserves; 3.3. Modalities of Intervention; 3.2. Foreign Exchange Intervention Rules in Practice: Selected Latin American Experiences; 3.3. Instruments for Foreign Exchange Purchases; 3.4. Searching for Effects of Intervention: New Evidence; An Econometric Panel Approach; 3.4. Channels of Transmission of Foreign Exchange Intervention to the Exchange Rate.
- 3.5. Overview of Recent Empirical Studies on Foreign Exchange Intervention in Latin America3.5. Quasi-Fiscal Costs of FXI; 3.6. Takeaways and Policy Considerations; Annex 3.1. Foreign Exchange Intervention and International Reserves: Data Availability; Annex 3.2. Methodological Strategy for the Panel Approach; Annex 3.3. Confidence Intervals for the Synthetic Currency; Western Hemisphere: Main Economic Indicators; Latin America and the Caribbean: Main Fiscal Indicators; References; New Publications from the Western Hemisphere Department, July 2009-April 2011.