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I. The Global Economy and the Outlook for the United States and Canada

I. The Global Economy and the Outlook for the United States and Canada »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

Global Outlook The global economy continues to grow strongly, although the recent turbulence in financial markets has reduced growth prospects for 2008 and increased downside risks....

II. The Outlook for Latin America and the Caribbean

II. The Outlook for Latin America and the Caribbean »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

Overall Developments and Prospects The region has weathered the recent market turbulence well so far and the economic outlook for 2007–08 remains generally robust. Ho...

III. How Resilient Is Latin America’s Expansion?

III. How Resilient Is Latin America’s Expansion? »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

A striking fact of Latin America’s economic history is the frequency and regularity with which growth, once under way, has suffered setbacks. Expansions have often been short lived, ending with crises or pro...

IV. Revenue Growth and the Strength of Underlying Fiscal Positions

IV. Revenue Growth and the Strength of Underlying Fiscal Positions »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

Fiscal balances in many Latin American countries improved steadily between 2002 and 2006. Initially, this reflected a reduction in expenditures as a share of GDP, which reached a low around 2004. Although sp...

Regional Economic Outlook, November 2007, Western Hemisphere

Regional Economic Outlook, November 2007, Western Hemisphere »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

DOI: http://dx.doi.org/10.5089/9781589066724.086

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

In spite of a slower U.S. economy and recent market turbulence, growth in the Latin America and Caribbean region has continued at a robust pace. This reports explores the resilience of the LAC region to external sh...

Back Matter

Back Matter »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

In spite of a slower U.S. economy and recent market turbulence, growth in the Latin America and Caribbean region has continued at a robust pace. This reports explores the resilience of the LAC region to external sh...

Front Matter

Front Matter »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

In spite of a slower U.S. economy and recent market turbulence, growth in the Latin America and Caribbean region has continued at a robust pace. This reports explores the resilience of the LAC region to external sh...

V. Financial Sector Development in Latin America: Recovery or Overheating?

V. Financial Sector Development in Latin America: Recovery or Overheating? »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

In Latin America and the Caribbean, local credit and capital market activity have picked up strongly in recent years, with bank credit growing in double digits in several countries (see Chapter 2). As the ex...

VI. Caribbean Economic Outlook and Integration Issues

VI. Caribbean Economic Outlook and Integration Issues »

Source: Regional Economic Outlook, November 2007, Western Hemisphere

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

ISBN: 9781589066724

Keywords: inflation, commodity prices, capital inflows, financial sector, bond

Recent Developments and Economic Outlook Caribbean growth performance has been robust and the outlook remains favorable. Last year, regional GDP expanded by 5½ percent—the fastest pa...