Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015

The April 2015 LAC Semiannual Report covers the short-term prospects and provides an analysis of the external factors affecting the region's economic performance. The first chapter expands on LAC's economic outlook paying special attention to the global context and its effect on LAC’s econ...

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Main Authors:	de la Torre, Augusto, Ize, Alain, Pienknagura, Samuel
Format:	Report
Language:	en_US
Published:	Washington, DC: World Bank 2015
Subjects:	Commodity prices Decentralization Macroeconomic policies Policy mix Savings
Online Access:	http://hdl.handle.net/10986/21699

id	okr-10986-21699
recordtype	oai_dc
spelling	okr-10986-216992021-04-23T14:04:04Z Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015 de la Torre, Augusto Ize, Alain Pienknagura, Samuel Commodity prices Decentralization Macroeconomic policies Policy mix Savings The April 2015 LAC Semiannual Report covers the short-term prospects and provides an analysis of the external factors affecting the region's economic performance. The first chapter expands on LAC's economic outlook paying special attention to the global context and its effect on LAC’s economic performance. In this first Chapter we argue that the region experienced an external shock that has shaped growth in recent years, and that this shock is likely here to stay. Chapter 2 discusses the policy space available for LAC countries as they try to accommodate to the current global context. In particular, the first part of the second Chapter discusses the rather limited monetary fiscal and monetary space currently present in the region. The second part of the Chapter argues part of this limited policy space is associated to LAC’s relatively low savings rate. Moreover, the Chapter shows that in addition to the potential positive effects that higher savings could have on policy space, it could also have a beneficial effect on long-term growth. 2015-04-08T17:11:23Z 2015-04-08T17:11:23Z 2015-04 Report 978-1-4648-0609-4 http://hdl.handle.net/10986/21699 en_US 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 Central America 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	Commodity prices Decentralization Macroeconomic policies Policy mix Savings
spellingShingle	Commodity prices Decentralization Macroeconomic policies Policy mix Savings de la Torre, Augusto Ize, Alain Pienknagura, Samuel Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
geographic_facet	Latin America & Caribbean Caribbean Central America Latin America
description	The April 2015 LAC Semiannual Report covers the short-term prospects and provides an analysis of the external factors affecting the region's economic performance. The first chapter expands on LAC's economic outlook paying special attention to the global context and its effect on LAC’s economic performance. In this first Chapter we argue that the region experienced an external shock that has shaped growth in recent years, and that this shock is likely here to stay. Chapter 2 discusses the policy space available for LAC countries as they try to accommodate to the current global context. In particular, the first part of the second Chapter discusses the rather limited monetary fiscal and monetary space currently present in the region. The second part of the Chapter argues part of this limited policy space is associated to LAC’s relatively low savings rate. Moreover, the Chapter shows that in addition to the potential positive effects that higher savings could have on policy space, it could also have a beneficial effect on long-term growth.
format	Report
author	de la Torre, Augusto Ize, Alain Pienknagura, Samuel
author_facet	de la Torre, Augusto Ize, Alain Pienknagura, Samuel
author_sort	de la Torre, Augusto
title	Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
title_short	Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
title_full	Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
title_fullStr	Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
title_full_unstemmed	Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015
title_sort	latin america treads a narrow path to growth : lac semiannual report, april 2015
publisher	Washington, DC: World Bank
publishDate	2015
url	http://hdl.handle.net/10986/21699
_version_	1764449129650454528

Latin America Treads a Narrow Path to Growth : LAC Semiannual Report, April 2015

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