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Check Availability Lawrence Library / Main Collection: HC125 .D3695 2014Library Info

Author LinkDe Gregorio, Jose,author.
Title LinkHow Latin America weathered the global financial crisis / José De Gregorio.
Distribution Washington, DC : Peterson Institute for International Economics, [2014]
Description xvii, 165 pages :  illustrations, map ;  23 cm.
Type of Material Book
Bibliography Note Includes bibliographical references (pages 145-155) and index.
Contents Contents: Introduction -- A favorable international environment and effective monetary and fiscal policies -- Exchange rates and international reserves -- Financial stability -- Capital flows -- From macroeconomic policies to long-term growth.
Summary "Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America’s GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and a bit of luck’"--Provided by publisher.
Subject LinkLatin America -- Economic policy.
LinkMonetary policy -- Latin America.
LinkFinancial crises -- Latin America.
LinkGlobal Financial Crisis, 2008-2009.
Add.Author LinkPeterson Institute for International Economics, publisher.

System Number 000679460
ISBN Link9780881326789

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