REVELA analiza las expectativas de los mercados sobre crecimiento e inflación para algunos países latinoamericanos. Los valores analizados representan los resultados de encuestas en el sector privado realizadas por los Banco Centrales de cada país y bajo sus propias metodologías. Dichos...

Since 1994, a great deal has been accomplished. We argue that poverty reduction was temporarily sidelined in the 2000s. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in agriculture and a weather shock, undermined progress in...

After many years of relatively slow growth, Tanzania's national accounts data report accelerated aggregate growth since around 2000. Our analysis shows that there has been somewhat slower growth in private consumption and in sectors such as agriculture in which most of the poor work and live....

South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reaches US$30 per ton of CO2 by 2022 achieves...

Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and the expectation that the authorities will take appropriate actions if the target is breached....

Banks' market or 'trading' risks have increased noticeably over the past years, largely as a result of the growth of liquid assets on banks' balance sheets and the increase in banks' off-balance sheet activities. Well-publicized bank failures and significant capital losses have focussed further...

The paper reviews the case for a strong multilateral response to the global crisis in emerging markets (EMs). It discusses modalities and feasibility of intervention and its associated risks, depending on country circumstances of fiscal space and liquidity needs. The specific role of...

Global growth projections have waned since last year and growth may be suppressed below potential for several years to come. Lower global growth will, all things being equal, imply lower growth in Latin America and the Caribbean. At the same time, clear limits to the potential use of monetary...

REVELA analiza las expectativas de los mercados sobre crecimiento e inflación para algunos países latinoamericanos. Los valores analizados representan los resultados de encuestas en el sector privado realizadas por los Bancos Centrales de cada país y bajo sus propias metodologías. Dichos...

REVELA analiza las expectativas de los mercados sobre crecimiento e inflación para algunos países latinoamericanos. Los valores analizados representan los resultados de encuestas en el sector privado realizadas por los Bancos Centrales de cada país y bajo sus propias metodologías. Dichos...