As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...

As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...

After a growth slowdown that lasted six years (including a contraction of 1.3 percent last year), the Latin American and Caribbean (LAC) region is finally expected to resume positive growth in 2017, with market analysts forecasting real GDP growth of 1.2 percent for 2017 and 2.3 percent for...

After a growth slowdown that lasted six years, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed growth at a modest rate of 1.1 percent in 2017 and 1.8 percent expected in 2018. This reflects a more favorable external environment, particularly a recovery...

Luego de un pobre crecimiento de 0,7% en el afio 2018. la region de America Latina y el Caribe crecera auna tasa levemente mayor en el 2019 (0.9%) ya una tasa mucho mas solida en el 2020 (2.1%). La regiondebera hacer frente a desafios tanto internos como externos durante el 2019. En el frente...

After mediocre growth in 2018 of 0.7 percent. LAC is expected to perform only marginally better in 2019(growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face bothinternal and external challenges during 2019. On the domestic front. the recession in...