Publication:
Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013

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dc.contributor.authorLevy Yeyati, Eduardo
dc.contributor.authorde la Torre, Augusto
dc.contributor.authorPienknagura, Samuel
dc.date.accessioned2013-10-10T16:33:02Z
dc.date.available2013-10-10T16:33:02Z
dc.date.issued2013-10-09
dc.description.abstractThis semiannual report examines the short and medium-term challenges for Latin America and the Caribbean (LAC) as the external factors that were instrumental in the region’s recent performance recede. In particular, we address the role of the exchange rate as a counter-cyclical policy tool to buffer adverse external shocks. As is customary in this series, Chapter 1 starts by providing an overview of the global economy and its implications for the short and medium-term prospects of the LAC region. It also examines the vulnerabilities of the region as tailwinds recede. Chapter 2 describes the new role of the exchange rate as a shock absorber in LAC amid the important transformations observed in the region in the past decade on the macro-financial front. Finally, Chapter 3 gives a detailed look at exchange rate-smoothing policy interventions.en
dc.identifier.doi10.1596/978-1-4648-0115-0
dc.identifier.isbn978-1-4648-0115-0
dc.identifier.other10.1596/978-1-4648-0115-0
dc.identifier.urihttps://hdl.handle.net/10986/16107
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectslowdown
dc.subjecteconomic growth
dc.subjectresilience
dc.subjectexchange rates
dc.subjecteconomic outlook
dc.subjectmedium-term prospects
dc.subjectshort-term prospects
dc.titleLatin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013en
dspace.entity.typePublication
okr.date.disclosure2013-10-09
okr.date.doiregistration2025-05-09T11:26:33.560156Z
okr.doctypePublications & Research::Publication
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid736941468242097683
okr.identifier.doi10.1596/978-1-4648-0115-0
okr.language.supporteden
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.sectorFinance :: Capital markets
okr.sectorFinance :: General finance sector
okr.sectorIndustry and trade :: Other domestic and international trade
okr.themeEconomic management :: Analysis of economic growth
okr.themeEconomic management :: Macroeconomic management
okr.themeEconomic management :: Other economic management
okr.themeTrade and integration :: Other trade and integration
okr.topicFinance and Financial Sector Development
okr.topicInternational Economics and Trade
okr.topicMacroeconomics and Economic Growth
okr.unitOffice of the Regional Chief Economist for Latin American and the Caribbean
relation.isAuthorOfPublication35317b87-0569-5cde-bb5e-db1a425e6889
relation.isAuthorOfPublicationff05119d-c222-5826-80ab-196121147699
relation.isAuthorOfPublication.latestForDiscovery35317b87-0569-5cde-bb5e-db1a425e6889
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