The Big Switch in Latin America : Restoring Growth through Trade

This report, produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank, examines LAC’s challenges as the global economy settles to an equilibrium with lower growth and lower commodity prices. Chapter 1 gives an overview of the world economy and how it...

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Main Authors:	de la Torre, Augusto, Lederman, Daniel, Ize, Alain, Bennett, Federico R., Sasson, Martin
Format:	Serial
Language:	English en_US
Published:	Washington, DC: World Bank 2016
Subjects:	GROWTH HOUSEHOLD INCOME INEQUALITY LABOR FORCE PARTICIPATION LABOR INCOME INEQUALITY LATIN AMERICA SLOWDOWN ELASTICITY INEQUALITY TERMS OF TRADE UNEMPLOYMENT
Online Access:	http://hdl.handle.net/10986/25098

id	okr-10986-25098
recordtype	oai_dc
spelling	okr-10986-250982021-04-23T14:04:29Z The Big Switch in Latin America : Restoring Growth through Trade de la Torre, Augusto Lederman, Daniel Ize, Alain Bennett, Federico R. Sasson, Martin GROWTH HOUSEHOLD INCOME INEQUALITY LABOR FORCE PARTICIPATION LABOR INCOME INEQUALITY LATIN AMERICA SLOWDOWN ELASTICITY INEQUALITY TERMS OF TRADE UNEMPLOYMENT This report, produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank, examines LAC’s challenges as the global economy settles to an equilibrium with lower growth and lower commodity prices. Chapter 1 gives an overview of the world economy and how it affects LAC’s short and medium-term prospects. It argues that LAC suffered an external shock that shaped growth in recent years, and that the current global context is likely here to stay. Many LAC countries experienced significant depreciations which in principle should help adjust to the new equilibrium. The extent to which these depreciations facilitate a soft landing, however, depends on a number of factors. Chapter 2 explores the response of LAC’s trade to the recent depreciations and the role it could play in facilitating a recovery. It examines if there are early signs of an export recovery and whether the region’s increased dependence on commodity exports could hinder LAC’s recovery. 2016-09-29T17:02:40Z 2016-09-29T17:02:40Z 2016-10-05 Serial 978-1-4648-0993-4 http://hdl.handle.net/10986/25098 English en_US LAC Semiannual Report, October 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 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 HOUSEHOLD INCOME INEQUALITY LABOR FORCE PARTICIPATION LABOR INCOME INEQUALITY LATIN AMERICA SLOWDOWN ELASTICITY INEQUALITY TERMS OF TRADE UNEMPLOYMENT
spellingShingle	GROWTH HOUSEHOLD INCOME INEQUALITY LABOR FORCE PARTICIPATION LABOR INCOME INEQUALITY LATIN AMERICA SLOWDOWN ELASTICITY INEQUALITY TERMS OF TRADE UNEMPLOYMENT de la Torre, Augusto Lederman, Daniel Ize, Alain Bennett, Federico R. Sasson, Martin The Big Switch in Latin America : Restoring Growth through Trade
geographic_facet	Latin America & Caribbean Caribbean Latin America
relation	LAC Semiannual Report, October 2016;
description	This report, produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank, examines LAC’s challenges as the global economy settles to an equilibrium with lower growth and lower commodity prices. Chapter 1 gives an overview of the world economy and how it affects LAC’s short and medium-term prospects. It argues that LAC suffered an external shock that shaped growth in recent years, and that the current global context is likely here to stay. Many LAC countries experienced significant depreciations which in principle should help adjust to the new equilibrium. The extent to which these depreciations facilitate a soft landing, however, depends on a number of factors. Chapter 2 explores the response of LAC’s trade to the recent depreciations and the role it could play in facilitating a recovery. It examines if there are early signs of an export recovery and whether the region’s increased dependence on commodity exports could hinder LAC’s recovery.
format	Serial
author	de la Torre, Augusto Lederman, Daniel Ize, Alain Bennett, Federico R. Sasson, Martin
author_facet	de la Torre, Augusto Lederman, Daniel Ize, Alain Bennett, Federico R. Sasson, Martin
author_sort	de la Torre, Augusto
title	The Big Switch in Latin America : Restoring Growth through Trade
title_short	The Big Switch in Latin America : Restoring Growth through Trade
title_full	The Big Switch in Latin America : Restoring Growth through Trade
title_fullStr	The Big Switch in Latin America : Restoring Growth through Trade
title_full_unstemmed	The Big Switch in Latin America : Restoring Growth through Trade
title_sort	big switch in latin america : restoring growth through trade
publisher	Washington, DC: World Bank
publishDate	2016
url	http://hdl.handle.net/10986/25098
_version_	1764458548720304128

The Big Switch in Latin America : Restoring Growth through Trade

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