Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013

This semiannual report examines the short and medium-term challenges for Latin America and the Caribbean (LAC) as the external factors that were instrumental in the region’s recent performance recede. In particular, we address the role of the exchange rate as a counter-cyclical policy tool to buffer...

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Main Authors:	de la Torre, Augusto, Levy Yeyati, Eduardo, Pienknagura, Samuel
Format:	Publication
Language:	en_US
Published:	Washington, DC: World Bank 2013
Subjects:	slowdown economic growth resilience exchange rates economic outlook medium-term prospects short-term prospects
Online Access:	http://hdl.handle.net/10986/16107

id	okr-10986-16107
recordtype	oai_dc
spelling	okr-10986-161072021-04-23T14:03:27Z Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013 de la Torre, Augusto Levy Yeyati, Eduardo Pienknagura, Samuel slowdown economic growth resilience exchange rates economic outlook medium-term prospects short-term prospects This semiannual report examines the short and medium-term challenges for Latin America and the Caribbean (LAC) as the external factors that were instrumental in the region’s recent performance recede. In particular, we address the role of the exchange rate as a counter-cyclical policy tool to buffer adverse external shocks. As is customary in this series, Chapter 1 starts by providing an overview of the global economy and its implications for the short and medium-term prospects of the LAC region. It also examines the vulnerabilities of the region as tailwinds recede. Chapter 2 describes the new role of the exchange rate as a shock absorber in LAC amid the important transformations observed in the region in the past decade on the macro-financial front. Finally, Chapter 3 gives a detailed look at exchange rate-smoothing policy interventions. 2013-10-10T16:33:02Z 2013-10-10T16:33:02Z 2013-10-09 978-1-4648-0115-0 10.1596/978-1-4648-0115-0 http://hdl.handle.net/10986/16107 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Latin America & Caribbean Caribbean Latin America
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	slowdown economic growth resilience exchange rates economic outlook medium-term prospects short-term prospects
spellingShingle	slowdown economic growth resilience exchange rates economic outlook medium-term prospects short-term prospects de la Torre, Augusto Levy Yeyati, Eduardo Pienknagura, Samuel Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
geographic_facet	Latin America & Caribbean Caribbean Latin America
description	This semiannual report examines the short and medium-term challenges for Latin America and the Caribbean (LAC) as the external factors that were instrumental in the region’s recent performance recede. In particular, we address the role of the exchange rate as a counter-cyclical policy tool to buffer adverse external shocks. As is customary in this series, Chapter 1 starts by providing an overview of the global economy and its implications for the short and medium-term prospects of the LAC region. It also examines the vulnerabilities of the region as tailwinds recede. Chapter 2 describes the new role of the exchange rate as a shock absorber in LAC amid the important transformations observed in the region in the past decade on the macro-financial front. Finally, Chapter 3 gives a detailed look at exchange rate-smoothing policy interventions.
format	Publications & Research :: Publication
author	de la Torre, Augusto Levy Yeyati, Eduardo Pienknagura, Samuel
author_facet	de la Torre, Augusto Levy Yeyati, Eduardo Pienknagura, Samuel
author_sort	de la Torre, Augusto
title	Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
title_short	Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
title_full	Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
title_fullStr	Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
title_full_unstemmed	Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013
title_sort	latin america’s deceleration and the exchange rate buffer : lac semiannual report, october 2013
publisher	Washington, DC: World Bank
publishDate	2013
url	http://hdl.handle.net/10986/16107
_version_	1764432328251146240

Latin America’s Deceleration and the Exchange Rate Buffer : LAC Semiannual Report, October 2013

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