Managing Fiscal Policy in Latin America and the Caribbean: Volatility, Procyclicality, and Limited Creditworthiness

Latin America is volatile--about two to three times as volatile as the industrial economies. It is more volatile than any region other than Africa and the Middle East. Latin America`s access to international financial markets is sporadic, and often disappears just when it would be most valuable.

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Year of publication:	1996
Authors:	Gavin, Michael ; Hausmann, Ricardo ; Perotti, Roberto ; Talvi, Ernesto
Publisher:	Washington, DC : Inter-American Development Bank, Office of the Chief Economist

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Series:	Working Paper ; 326
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	869848712 [GVK] hdl:10419/87873 [Handle] RePEC:idb:wpaper:4032 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010326978