Regional Economic Outlook : Western Hemisphere : Grappling with the Global Financial Crisis
Subtitle: October 2008
Publisher: Intl Monetary Fund
Published: Oct 28, 2008
Language: eng
Format: paperback
Number of pages: 75
ISBN-13: 9781589067592
Description: 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 macroeconomic 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.--Publisher's description.
Notes: Source title: Regional Economic Outlook: Western Hemisphere: Grappling with the Global Financial Crisis: October 2008 (World Economic and Financial Surveys)