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Regional Economic Outlook, April 2017, Western Hemisphere Department
			: Tale of Two Adjustments

Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

DOI: http://dx.doi.org/10.5089/9781475575224.086

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016. This gradual improvement can be understood as tale of two a...

Greece

Greece »

Source: Greece : Selected Issues

Volume/Issue: 2013/155

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 June 2013

ISBN: 9781484363683

Keywords: labor market, exchange rate, labor market reforms, labor markets, fixed exchange rate

Rigidities in Greece's product and labor markets leading to economic imbalances and the significance of reforms to these markets are played out in the first paper. The second paper describes the problems, progress...

Greece: Selected Issues

Greece: Selected Issues »

Source: Greece : Selected Issues

Volume/Issue: 2013/155

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 June 2013

ISBN: 9781484363683

Keywords: labor market, exchange rate, labor market reforms, labor markets, fixed exchange rate

Rigidities in Greece's product and labor markets leading to economic imbalances and the significance of reforms to these markets are played out in the first paper. The second paper describes the problems, progress...

Greece: Selected Issues

Greece: Selected Issues »

Source: Greece : Selected Issues

Volume/Issue: 2013/155

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 June 2013

ISBN: 9781484363683

Keywords: labor market, exchange rate, labor market reforms, labor markets, fixed exchange rate

Rigidities in Greece's product and labor markets leading to economic imbalances and the significance of reforms to these markets are played out in the first paper. The second paper describes the problems, progress...

Exchange Rates and Wages in an Integrated World

Exchange Rates and Wages in an Integrated World »

Source: Exchange Rates and Wages in an Integrated World

Volume/Issue: 2009/44

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451871920

Keywords: labor market integration, exchange rate, wage, real exchange rate,

We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981-2005, we find...

Fostering Growth in Europe Now

Fostering Growth in Europe Now »

Source: Fostering Growth in Europe Now

Volume/Issue: 2012/7

Series: Staff Discussion Notes

Author(s): Bergljot Barkbu , Jesmin Rahman , and Rodrigo Valdes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2012

ISBN: 9781475504644

Keywords: Euro Area, Real effective exchange rates, Macroprudential Policy, Growth, unemployment, macroeconomic policy, structural reform, fiscal policy, labor market, employment

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

1. A Shifting Global Landscape and the Outlook for the United States and Canada

1. A Shifting Global Landscape and the Outlook for the United States and Canada »

Source: Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

Against the backdrop of lackluster global growth in 2016, the world economy is seeing underlying shifts in its economic and policy landscape. Since last October, the outlook for advanced economi...

2. Latin America and the Caribbean: Setting the Course for Higher Growth

2. Latin America and the Caribbean: Setting the Course for Higher Growth »

Source: Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

Alongside important shifts elsewhere in the global landscape, the economies of Latin America and the Caribbean are recovering from a regional recession in 2016. Activity is expected to pick up g...

3. External Adjustment to Terms-of-Trade Shifts

3. External Adjustment to Terms-of-Trade Shifts »

Source: Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

External adjustment in Latin America is ongoing in the wake of large and persistent shifts in the region’s terms of trade. In the past, external adjustment to negative terms-of-trade shocks typi...

4. Drivers of Capital Flows and the Role of the Investor Base in Latin America

4. Drivers of Capital Flows and the Role of the Investor Base in Latin America »

Source: Regional Economic Outlook, April 2017, Western Hemisphere Department : Tale of Two Adjustments

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2017

ISBN: 9781475575224

Keywords: Economic integration, Economic growth, Development, Fiscal policy, Flexible exchange rates, Economic policy, Regional economics, emerge market economy, commodity price, emerge market

Following a decade of strong capital inflows, Latin America is now experiencing weaker economic growth and financial inflows accompanying the end of the commodity super-cycle. Global factors, no...