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The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …
Persistent link: https://www.econbiz.de/10010790232
This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have …s. The paper then discusses three views of why reforms have not led to higher growth in Latin America: that reforms have …
Persistent link: https://www.econbiz.de/10005264118
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
of growth slowdowns, which are identified as large sudden and sustained deviations from the growth path predicted by a …
Persistent link: https://www.econbiz.de/10010790409
rate. Increases in both foreign and domestic investment are expected to offset lower growth contributions from net exports … as import demand rises. A key risk is deterioration in growth for advanced economies. Continued exchange rate flexibility …
Persistent link: https://www.econbiz.de/10011244750
This 2010 Article IV Consultation highlights that growth in Peru decelerated sharply in 2009, owing to the global …
Persistent link: https://www.econbiz.de/10011245089
stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an …
Persistent link: https://www.econbiz.de/10005767351
momentum in economic growth supported by sustained public investment and increased prices for commodity exports. The IMF report …
Persistent link: https://www.econbiz.de/10011242824
This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the current account has deteriorated from a surplus of 1.2 percent of GDP in 2002 to a deficit of about 2.3 percent in 2012, as France lost ground in goods trade and services recorded...
Persistent link: https://www.econbiz.de/10011244236
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823