Volume/Issue: 2019/302
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Fiscal Affairs Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
September
2019
ISBN: 9781513514710
Brazil's states have been facing severe fiscal pressures over the last years. As the economy went through a deep economic recession in 2014-16, Brazilian subnational governments had to adjust to much weaker revenue...
Volume/Issue: 2019/302
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Fiscal Affairs Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
September
2019
DOI: http://dx.doi.org/10.5089/9781513514710.002
ISBN: 9781513514710
Brazil's states have been facing severe fiscal pressures over the last years. As the economy went through a deep economic recession in 2014-16, Brazilian subnational governments had to adjust to much weaker revenue...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Following a decade of rapid, broad-based gains, international commodity prices peaked in mid-2011 and have fallen somewhat since then (Figure 3.1). Many analysts now argue that the upward phase of the commod...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Commodity-exporting countries have benefited significantly from the commodity price boom of recent years. At the current juncture, however, uncertain global economic prospects raise questions about these cou...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Over the past decade, and particularly during 2003–08, Latin America experienced an impressive strengthening of key macroeconomic fundamentals that ended with the global financial c...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Global financial markets have been a source of sizable shocks over the past decade, with broad repercussions across emerging markets. Stark examples are the crisis triggered by the...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Fiscal policy in Latin America has been procyclical for many decades. The easy availability of funds during periods of economic expansion, against a backdrop of major social and inf...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Easy financing conditions and favorable terms of trade have fueled credit and domestic demand in much of Latin America for more than a decade, with only a short interruption during...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Over the past 15 years, the countries of Latin America have made tremendous progress in strengthening their economies and improving living standards. A growing and vibrant middle class has emerged. The weigh...
Series: Books
Author(s):
Dora Iakova
,
Luis Cubeddu
,
Gustavo Adler
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
December
2014
ISBN: 9781498328166
Highly favorable external conditions—interrupted only temporarily during the 2008–09 global financial crisis—coupled with prudent macroeconomic policies bolstered GDP growth in most of Latin America during t...
