Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013 de la Torre, Augusto Levy Yeyati, Eduardo Pienknagura, Samuel 2013-10-10T16:33:02Z 2013-10-10T16:33:02Z 2013-10-09
dc.description.abstract This 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.isbn 978-1-4648-0115-0
dc.identifier.other 10.1596/978-1-4648-0115-0
dc.language.iso en_US
dc.publisher Washington, DC: World Bank
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject slowdown
dc.subject economic growth
dc.subject resilience
dc.subject exchange rates
dc.subject economic outlook
dc.subject medium-term prospects
dc.subject short-term prospects
dc.title Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013 en
dspace.entity.type Publication 2013-10-09
okr.doctype Publications & Research :: Publication
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Finance and Markets
okr.globalpractice Trade and Competitiveness
okr.identifier.doi 10.1596/978-1-4648-0115-0
okr.language.supported en
okr.region.administrative Latin America & Caribbean
okr.region.geographical Caribbean
okr.region.geographical Latin America
okr.sector Finance :: Capital markets
okr.sector Finance :: General finance sector
okr.sector Industry and trade :: Other domestic and international trade
okr.theme Economic management :: Analysis of economic growth
okr.theme Economic management :: Macroeconomic management
okr.theme Economic management :: Other economic management
okr.theme Trade and integration :: Other trade and integration
okr.topic Finance and Financial Sector Development
okr.topic International Economics and Trade
okr.topic Macroeconomics and Economic Growth
okr.unit Office of the Regional Chief Economist for Latin American and the Caribbean
relation.isAuthorOfPublication 35317b87-0569-5cde-bb5e-db1a425e6889
relation.isAuthorOfPublication ff05119d-c222-5826-80ab-196121147699
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