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dc.titleAll that Glitters May Not Be Gold: Assessing Latin America`s Recent Macroeconomic Performance
dc.contributor.authorIzquierdo, Alejandro
dc.contributor.authorTalvi, Ernesto
dc.contributor.authorCatão, Luis
dc.contributor.authorCavallo, Eduardo A.
dc.contributor.authorPowell, Andrew
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageSouth America
dc.coverageCentral America
dc.date.available2012-04-23T00:00:00
dc.date.issue2008-04-01T00:00:00
dc.description.abstractLatin America is growing fast and fundamentals look healthier. Are these achievements here to stay? Strong commodity prices may not last forever and a US recession could have major repercussions in the region. Should countries prepare now for tomorrow's crisis? What is the top-ten list on the policy agenda? This report's aim is to present an alternative perspective in order to avoid either complacency or the "irrational exuberance" famously noted by Alan Greenspan, instead bringing into focus the macroeconomic policy challenges that logically follow from this alternative perspective. Our hope is that both policymakers and multilateral organizations will find this material stimulating enough to precipitate a useful-and in our view, necessary-debate.
dc.format.extent56
dc.identifier.doihttp://dx.doi.org/10.18235/0012613
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/All-that-Glitters-May-Not-Be-Gold-Assessing-Latin-America`s-Recent-Macroeconomic-Performance.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Crisis and Structural Adjustement
dc.subjectFiscal Policy
dc.subjectFinancial Market
dc.subjectFinancial Risk
dc.subjectMonetary Policy
dc.subject.jelcodeE42 - Monetary Systems • Standards • Regimes • Government and the Monetary System • Payment Systems
dc.subject.jelcodeE62 - Fiscal Policy
dc.subject.jelcodeO11 - Macroeconomic Analyses of Economic Development
dc.subject.jelcodeO16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
dc.subject.jelcodeO18 - Urban, Rural, Regional, and Transportation Analysis • Housing • Infrastructure
dc.subject.keywordsInforme macroeconómico regional;macroeconomic regional report
dc.typeMonographs
idb.identifier.pubnumberMonographs
idb.operationRG-N3014
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