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After the Boom–Commodity Prices and Economic Growth in Latin America and the Caribbean
Gruss, Bertrand - International Monetary Fund (IMF) - 2014
-than-expected growth in China represents a key downside risk. The results caution against trying to offset the current economic slowdown …
Persistent link: https://www.econbiz.de/10011142049
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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …
Persistent link: https://www.econbiz.de/10011242236
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
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Paraguay; Selected Issues
International Monetary Fund (IMF); International … - 2011
Paraguay’s economy recently experienced particularly large output swings. Economic policies will play a critical role in raising investment by making sure that macroeconomic stability is maintained. The spillovers from the agricultural sector to the rest of the economy are limited. The...
Persistent link: https://www.econbiz.de/10011244461
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Common Factors in Latin America's Business Cycles
Timmermann, Allan; Catão, Luis; Aiolfi, Marco - International Monetary Fund (IMF) - 2006
This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic factors extracted from a comprehensive set of sectoral output, external data, and fiscal and financial variables spanning over a century. The constructed indices are used to derive a...
Persistent link: https://www.econbiz.de/10005264082
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Growth and Reforms in Latin America; A Survey of Facts and Arguments
Zettelmeyer, Jeromin - International Monetary Fund (IMF) - 2006
This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have evolved over time. In comparison with other regions, Latin America has consistently exhibited higher macroeconomic volatility, lower openness, and higher income inequality,...
Persistent link: https://www.econbiz.de/10005264118
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The Relationship Between Illicit Coca Production and Formal Economic Activity in Peru
International Monetary Fund (IMF); International … - 2011
This paper investigates the relationship between unrecorded economic activity associated with the production of illicit coca and formally recorded economic activity in Peru. It does so by attempting to construct new regional level estimates for coca production and by implementing recently...
Persistent link: https://www.econbiz.de/10009203532
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Volatility and Growth in Latin America; An Episodic Approach
Sahay, Ratna; Goyal, Rishi - International Monetary Fund (IMF) - 2006
This paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and...
Persistent link: https://www.econbiz.de/10005825787
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The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America
Parry, Taryn - International Monetary Fund (IMF) - 2007
Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...
Persistent link: https://www.econbiz.de/10005826063
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The Effect of External Conditionson Growth in Latin America
Zettelmeyer, Jeromin; Österholm, Pär - International Monetary Fund (IMF) - 2007
This paper investigates the sensitivity of Latin American GDP growth to external developments using a Bayesian VAR model with informative steady-state priors. The model is estimated on quarterly data from 1994 to 2006 on key external and Latin American variables. It finds that 50 to 60 percent...
Persistent link: https://www.econbiz.de/10005826559