Publication:
The Big Switch in Latin America: Restoring Growth through Trade

dc.contributor.authorde la Torre, Augusto
dc.contributor.authorLederman, Daniel
dc.contributor.authorIze, Alain
dc.date.accessioned2016-09-29T17:02:40Z
dc.date.available2016-09-29T17:02:40Z
dc.date.issued2016-10-05
dc.description.abstractThis report, produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank, examines LAC’s challenges as the global economy settles to an equilibrium with lower growth and lower commodity prices. Chapter 1 gives an overview of the world economy and how it affects LAC’s short and medium-term prospects. It argues that LAC suffered an external shock that shaped growth in recent years, and that the current global context is likely here to stay. Many LAC countries experienced significant depreciations which in principle should help adjust to the new equilibrium. The extent to which these depreciations facilitate a soft landing, however, depends on a number of factors. Chapter 2 explores the response of LAC’s trade to the recent depreciations and the role it could play in facilitating a recovery. It examines if there are early signs of an export recovery and whether the region’s increased dependence on commodity exports could hinder LAC’s recovery.en
dc.identifier.isbn978-1-4648-0993-4
dc.identifier.urihttps://hdl.handle.net/10986/25098
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesLAC Semiannual Report, October 2016;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectGROWTH
dc.subjectHOUSEHOLD INCOME INEQUALITY
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR INCOME INEQUALITY
dc.subjectLATIN AMERICA
dc.subjectSLOWDOWN
dc.subjectELASTICITY
dc.subjectINEQUALITY
dc.subjectTERMS OF TRADE
dc.subjectUNEMPLOYMENT
dc.titleThe Big Switch in Latin Americaen
dc.title.subtitleRestoring Growth through Tradeen
dc.typeSerialen
dc.typeSérielfr
dc.typeSeriales
dspace.entity.typePublication
okr.crossref.titleThe Big Switch in Latin America: Restoring Growth through Trade
okr.date.disclosure2016-10-05
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.identifier.doi10.1596/978-1-4648-0993-4
okr.identifier.internaldocumentum210993
okr.importedtrue
okr.language.supporteden
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicInternational Economics and Trade::Trade Policy
okr.unitLCRCE
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relation.isAuthorOfPublication.latestForDiscovery35317b87-0569-5cde-bb5e-db1a425e6889
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