The Commodity Cycle in Latin America : Mirages and Dilemmas

This semiannual report – produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank – analyzes the economic and financial performance of LAC in light of the commodity price cycle. Chapter 1 covers short-term prospects, identifies the external factors af...

Full description

Bibliographic Details
Main Authors: de la Torre, Augusto, Filippini, Federico, Ize, Alain
Format: Serial
Language:English
en_US
Published: Washington, DC: World Bank 2016
Subjects:
Online Access:http://hdl.handle.net/10986/24014
id okr-10986-24014
recordtype oai_dc
spelling okr-10986-240142021-04-23T14:04:19Z The Commodity Cycle in Latin America : Mirages and Dilemmas de la Torre, Augusto Filippini, Federico Ize, Alain GROWTH COMMODITY CYCLES SAVINGS LATIN AMERICA FISCAL ADJUSTMENT MONITORY POLICY EMERGING MARKETS SOCIAL ADJUSTMENT POLICY SPACE This semiannual report – produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank – analyzes the economic and financial performance of LAC in light of the commodity price cycle. Chapter 1 covers short-term prospects, identifies the external factors affecting the economic slowdown, and focuses on the policy challenges faced by the region (South America in particular) in terms of the monetary, fiscal, external and social adjustments required to accommodate the new external environment. Chapter 2 reviews the region’s experience during the commodity cycle, links it with the external environment, and identifies low saving as a key determinant of both the macroeconomic performance during the cycle and the constrained policy space policy makers now face, in some countries more than others. The chapter concludes with a discussion of the policy choices the region now faces, both for the immediate future and for the longer run. 2016-04-05T22:14:23Z 2016-04-05T22:14:23Z 2016-04-12 Serial 978-1-4648-0914-9 http://hdl.handle.net/10986/24014 English en_US LAC Semiannual Report, April 2016 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Latin America
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic GROWTH
COMMODITY CYCLES
SAVINGS
LATIN AMERICA
FISCAL ADJUSTMENT
MONITORY POLICY
EMERGING MARKETS
SOCIAL ADJUSTMENT
POLICY SPACE
spellingShingle GROWTH
COMMODITY CYCLES
SAVINGS
LATIN AMERICA
FISCAL ADJUSTMENT
MONITORY POLICY
EMERGING MARKETS
SOCIAL ADJUSTMENT
POLICY SPACE
de la Torre, Augusto
Filippini, Federico
Ize, Alain
The Commodity Cycle in Latin America : Mirages and Dilemmas
geographic_facet Latin America & Caribbean
Latin America
relation LAC Semiannual Report, April 2016
description This semiannual report – produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank – analyzes the economic and financial performance of LAC in light of the commodity price cycle. Chapter 1 covers short-term prospects, identifies the external factors affecting the economic slowdown, and focuses on the policy challenges faced by the region (South America in particular) in terms of the monetary, fiscal, external and social adjustments required to accommodate the new external environment. Chapter 2 reviews the region’s experience during the commodity cycle, links it with the external environment, and identifies low saving as a key determinant of both the macroeconomic performance during the cycle and the constrained policy space policy makers now face, in some countries more than others. The chapter concludes with a discussion of the policy choices the region now faces, both for the immediate future and for the longer run.
format Serial
author de la Torre, Augusto
Filippini, Federico
Ize, Alain
author_facet de la Torre, Augusto
Filippini, Federico
Ize, Alain
author_sort de la Torre, Augusto
title The Commodity Cycle in Latin America : Mirages and Dilemmas
title_short The Commodity Cycle in Latin America : Mirages and Dilemmas
title_full The Commodity Cycle in Latin America : Mirages and Dilemmas
title_fullStr The Commodity Cycle in Latin America : Mirages and Dilemmas
title_full_unstemmed The Commodity Cycle in Latin America : Mirages and Dilemmas
title_sort commodity cycle in latin america : mirages and dilemmas
publisher Washington, DC: World Bank
publishDate 2016
url http://hdl.handle.net/10986/24014
_version_ 1764455671380574208