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Latin America
New Challenges to Growth and Stability
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Abstract

Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.

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Author:
Ms. Dora M Iakova
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,
Mr. Luis M. Cubeddu
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,
Gustavo Adler
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, and
Mr. Sebastian Sosa
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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
23 Dec 2014
DOI:
https://doi.org/10.5089/9781498328166.071
ISBN:
9781498328166
Pages:
270
Keywords:
BOOK; commodity; commodity price; terms-of-trade shock; commodity exporter; TFP performance; income windfall; Commodity prices; Personal income; Capital flows; Global; Caribbean; Central America; Asia and Pacific; South America; commodity export
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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