Serial

Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality

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collection.link.135
https://openknowledge.worldbank.org/handle/10986/6000
collection.link.137
https://openknowledge.worldbank.org/handle/10986/6002
collection.link.215
https://openknowledge.worldbank.org/handle/10986/11883
collection.name.135
Portuguese PDFs Available
collection.name.137
Spanish PDFs Available
collection.name.215
LAC Semiannual Report
dc.contributor.author
Vegh, Carlos A.
dc.contributor.author
Vuletin, Guillermo
dc.contributor.author
Riera-Crichton, Daniel
dc.contributor.author
Puig, Jorge
dc.contributor.author
Camarena, José Andrée
dc.contributor.author
Galeano, Luciana
dc.contributor.author
Morano, Luis
dc.contributor.author
Venturi, Lucila
dc.date.accessioned
2019-04-02T19:11:00Z
dc.date.available
2019-04-02T19:11:00Z
dc.date.issued
2019-04-04
dc.description.abstract
After mediocre growth in 2018 of 0.7 percent. LAC is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face both internal and external challenges during 2019. On the domestic front. the recession in Argentina; a slower than expected recovery in Brazil from the 2014-2015 recession, anemic growth in Mexico. and the continued deterioration of Venezuela. present the biggest challenges. On the external front. the sharp drop in net capital inflows to the region since early 2018 and the monetary policy normalization in the United States stand among the greatest perils. Furthermore, the recent increase in poverty in Brazil because of the recession points to the large effects that the business cycle may have on poverty. The core of this report argues that social indicators that are very sensitive to the business cycle may yield a highly misleading picture of permanent social gains in the region.
en
dc.identifier.isbn
978-1-4648-1413-6
dc.identifier.uri
http://hdl.handle.net/10986/31483
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
LAC Semiannual Report;
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
SLOWDOWN
dc.subject
ELASTICITY
dc.subject
INEQUALITY
dc.subject
TERMS OF TRADE
dc.subject
UNEMPLOYMENT
dc.title
Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean
en
dc.title.subtitle
When Dreams Meet Reality
en
dc.type
Serial
en
okr.date.disclosure
2019-04-04
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1413-6
okr.identifier.internaldocumentum
211413
okr.identifier.report
135847
okr.imported
true
en
okr.language.supported
en
okr.language.supported
es
okr.region.administrative
Latin America & Caribbean
okr.region.geographical
Caribbean
okr.region.geographical
Central Africa
okr.region.geographical
Latin America
okr.region.geographical
South America
okr.topic
Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Macroeconomics and Economic Growth :: Macroeconomic Management
okr.topic
Poverty Reduction :: Conditional Cash Transfers
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Poverty Reduction :: Inequality
okr.unit
LCRCE

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