How Latin America Weathered the Global - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Latin America Weathered the Global write by José De Gregorio. This book was released on 2014-01-14. How Latin America Weathered the Global available in PDF, EPUB and Kindle. The global financial and economic turmoil of 2008–09 plunged Europe and the United States into their worst economic downturns in 75 years. Many experts feared that developing regions like Latin America, which had experienced many of their own crises in recent decades, would be even worse affected. Instead, Latin America suffered only limited damage. Indeed the region’s GDP is 20 percent higher than its pre-crisis level. José De Gregorio, governor of the Central Bank of Chile from 2007 to 2011, explains Latin America’s success with a perspective that only an insider can have. This book focuses mainly on the seven largest economies of Latin America—Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela—which together account for more than 90 percent of regional output. The author argues that strong performance during the crisis resulted from the sound macroeconomic and financial policies that these countries followed beforehand. Their accomplishments allowed them to undertake significant monetary and fiscal expansion in the context of robust financial systems. De Gregorio acknowledges that there was also an element of luck—in terms of improved terms of trade. This is a candid, searching, and dramatic case study of crisis preparation—and crisis management.
Economic Growth in Latin America and the Impact of the Global Financial Crisis
Economic Growth in Latin America and the Impact of the Global Financial Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth in Latin America and the Impact of the Global Financial Crisis write by Garita, Mauricio. This book was released on 2017-12-15. Economic Growth in Latin America and the Impact of the Global Financial Crisis available in PDF, EPUB and Kindle. As the global financial crisis has touched the entire world, it is important for entrepreneurs, government officials, and researchers to reflect on its long-lasting effects to the economy. Economic Growth in Latin America and the Impact of the Global Financial Crisis is a pivotal reference source containing the latest academic research on risk, economic growth and information security in the Latin American economy. Including coverage among a variety of applicable viewpoints and subjects such as telecommunication, subprime lending, and public education, this book is an ideal reference source for government officials, researchers, academics, and upper-level students seeking innovative research on entrepreneurship and the European debt crisis.
The Global Economic Crisis in Latin America
The Global Economic Crisis in Latin America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Global Economic Crisis in Latin America write by Michael Cohen. This book was released on 2012-06-25. The Global Economic Crisis in Latin America available in PDF, EPUB and Kindle. When the 2008 housing market bubble burst in the United States, a financial crisis rippled from the epi-center in the United States across borders into economies both near and far, causing persistent social and economic detriment in many countries. The Global Economic Crisis in Latin America: Impacts and Responses is an examination of the impacts and responses in the diverse Latin American region through the lens of three countries: Mexico, Brazil, and Argentina.
Global Financial Regulatory Reform: Implications for Latin America and the Caribbean (LAC)
Global Financial Regulatory Reform: Implications for Latin America and the Caribbean (LAC) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Financial Regulatory Reform: Implications for Latin America and the Caribbean (LAC) write by Robert Rennhack. This book was released on 2009-07-21. Global Financial Regulatory Reform: Implications for Latin America and the Caribbean (LAC) available in PDF, EPUB and Kindle. The Latin America and Caribbean (LAC) region has weathered the global financial crisis reasonably well so far, although tighter global financial conditions began to take their toll on trade, capital flows and economic growth in late 2008. This resilience reflects the reforms put in place by many countries over the past decade to strengthen financial supervision and adopt sound macroeconomic policies. Building on this progress, the region's financial sector reform agenda now aims at further improvements, including steps aiming to improve compliance with the Basel Core Principles of Banking Supervision and to broaden and deepen domestic financial markets.
Resilience in Latin America
Resilience in Latin America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Resilience in Latin America write by Mr.Jose De Gregorio. This book was released on 2013-12-20. Resilience in Latin America available in PDF, EPUB and Kindle. This paper analyzes the unprecedented resilience of Latin American countries to the global financial crisis. It argues that sound macroeconomic conditions, which allowed an unusual monetary and fiscal expansion, exchange rate flexibility, a strong and well--regulated financial system, high level of reserves, and a bit of luck coming from very high terms of trade, were central to good economic performance. Persevering along the road of strong macroeconomic and financial policies is necessary, but not sufficient, to go from recovery to sustained growth.
