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The Big Switch in Latin America : Restoring Growth through Trade

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collection.link.137
https://openknowledge.worldbank.org/handle/10986/6002
collection.link.215
https://openknowledge.worldbank.org/handle/10986/11883
collection.name.137
Spanish PDFs Available
collection.name.215
LAC Semiannual Report
dc.contributor.author
de la Torre, Augusto
dc.contributor.author
Lederman, Daniel
dc.contributor.author
Ize, Alain
dc.contributor.author
Bennett, Federico R.
dc.contributor.author
Sasson, Martin
dc.date.accessioned
2016-09-29T17:02:40Z
dc.date.available
2016-09-29T17:02:40Z
dc.date.issued
2016-10-05
dc.description.abstract
This 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.isbn
978-1-4648-0993-4
dc.identifier.uri
http://hdl.handle.net/10986/25098
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
LAC Semiannual Report, October 2016;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
GROWTH
dc.subject
HOUSEHOLD INCOME INEQUALITY
dc.subject
LABOR FORCE PARTICIPATION
dc.subject
LABOR INCOME INEQUALITY
dc.subject
LATIN AMERICA
dc.subject
SLOWDOWN
dc.subject
ELASTICITY
dc.subject
INEQUALITY
dc.subject
TERMS OF TRADE
dc.subject
UNEMPLOYMENT
dc.title
The Big Switch in Latin America
en
dc.title.subtitle
Restoring Growth through Trade
dc.type
Serial
okr.date.disclosure
2016-10-05
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0993-4
okr.identifier.internaldocumentum
210993
okr.imported
true
okr.language.supported
en
okr.region.administrative
Latin America & Caribbean
okr.region.geographical
Caribbean
okr.region.geographical
Latin America
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
International Economics and Trade :: Trade Policy
okr.unit
LCRCE

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