Regional Economic Outlook April 2017 Western Hemisphere Department

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 155 pages
File Size : 53,8 Mb
Release : 2017-05-19
Category : Business & Economics
ISBN : 9781475575224

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Regional Economic Outlook, April 2017, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016. This gradual improvement can be understood as tale of two adjustments, external and fiscal, that are ongoing in response to earlier shocks. But headwinds from commodity terms-of-trade shocks and country-specific domestic factors are fading, paving the way for real GDP to grow by about 1 percent in 2017. Regional activity is expected to pick up further momentum in 2018, but at a slower pace than previously anticipated, while medium-term growth is projected to remain modest at about 2.6 percent. The outlook is shaped by key shifts in the global economic and policy landscape—where slow growth, low productivity, and high income inequality are creating pressure for a shift toward inward- looking policies in some advanced economies. Domestic fundamentals and developments, however, will continue to play a significant role in determining growth for the region. At the same time, risks to the outlook have widened in a setting of higher global uncertainty. In this challenging external context, countries should aim for completing fiscal and external adjustments to preserve or rebuild policy buffers. Charting a course toward higher, sustainable, and more equitable growth will also require strengthening structural reforms. Specifically, closing infrastructure gaps, improving the business environment, governance, and education outcomes, and encouraging female labor participation are necessary to boost medium-term growth and foster income convergence. Chapters in this report examine the ongoing external adjustment to terms-of-trade shifts, drivers of capital flows to the region, the role of the investor base, and macroeconomic impact of migration and remittances.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 134 pages
File Size : 42,7 Mb
Release : 2018-05-11
Category : Business & Economics
ISBN : 9781484339879

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Regional Economic Outlook, April 2018, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018–19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 140 pages
File Size : 43,7 Mb
Release : 2018-05-11
Category : Business & Economics
ISBN : 9781484348925

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Regional Economic Outlook, April 2018, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018–19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains.

Author : Mr.Hamid Faruqee
Publisher : International Monetary Fund
Page : 126 pages
File Size : 41,9 Mb
Release : 2016-04-27
Category : Business & Economics
ISBN : 9781498329996

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Regional Economic Outlook, April 2016, Western Hemisphere Department by Mr.Hamid Faruqee Pdf

The United States has seen an improvement in economic activity, driven by consumption, and has taken a first step toward gradual normalization of interest rates. The U.S. recovery continues to support activity in Mexico, Central America, and the Caribbean, but China’s slowdown has reduced the demand for exports from South America. At the same time, the region’s commodity exporters have experienced further terms-of-trade shocks as commodity prices continue their decline globally. This report describes the policies and economic reforms needed to address the declining productive capacity in Latin America and the Caribbean. Three chapters assess corporate vulnerabilities in Latin America, analyze the degree of exchange rate pass-through in the region, and evaluate trends in public and private infrastructure investment.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 32 pages
File Size : 49,8 Mb
Release : 2018-10-12
Category : Business & Economics
ISBN : 9781484375365

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Regional Economic Outlook, October 2018, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

Amid escalating trade tensions, tighter financial conditions, and volatile commodity markets, economic recovery in Latin America and the Caribbean has both moderated and become more uneven.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 108 pages
File Size : 43,5 Mb
Release : 2015-10-07
Category : Business & Economics
ISBN : 9781513575209

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Regional Economic Outlook, October 2015: Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

Economies in the Western Hemisphere are generally seeing a slowdown in growth. The U.S. economy regained momentum after a slow start at the beginning of the year, while in Latin America and the Caribbean economic activity continues to decelerate. Stronger U.S. growth should benefit countries in the region, especially those with tighter links through trade, remittances, and tourism (Mexico, Central America, and the Caribbean). Weaker commodity prices for the foreseeable future, however, will continue to hurt South America's net commodity exporters, lowering national incomes, reducing investment, and worsening fiscal balances. These developments could, in turn, impede progress made in recent years in poverty reduction. These developments could, in turn, impede progress made in recent years in poverty reduction. Key risks, including an abrupt tightening of U.S. interest rates or a further slowdown in China, may disproportionately affect Latin America. Chapters in this report examine monetary policy in Latin America, including the region’s exposure to global financial shocks; the role of value chains and regional trade agreements in fostering trade integration; and financial market development in the region.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 34 pages
File Size : 51,5 Mb
Release : 2019-10-28
Category : Business & Economics
ISBN : 9781513517681

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Regional Economic Outlook, October 2019, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

Regional Economic Outlook, October 2019, Western Hemisphere Department

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 71 pages
File Size : 44,8 Mb
Release : 2012-04-25
Category : Business & Economics
ISBN : 9781616352530

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Regional Economic Outlook, April 2012, Western Hemisphere by International Monetary Fund. Western Hemisphere Dept. Pdf

Growth in much of Latin America remains solid, although it slowed during the second half of 2011 as result of the combined effects of policy tightening and global uncertainties. Under our baseline, we expect growth in Latin America and the Caribbean to moderate to about 33⁄4 percent in 2012, from about 41⁄2 last year. For many countries, high commodity prices and easy external financing conditions will provide tailwinds. For others, weak growth in the United States and other advanced-country partners, or homegrown fiscal problems, will hold back activity. This edition of the Regional Economic Outlook: Western Hemisphere elaborates on three key themes. First, the global economic environment is somewhat better than in late 2011, but remains risky as renewed tensions from Europe and the likelihood of an oil price shock cannot be discarded. Second, external conditions will remain stimulative for much of Latin America: The double tailwinds of easy external finance and high commodity prices are likely to persist for a while, though not forever. And third, this environment creates opportunities for Latin America-opportunities to build on the resilience and flexibility that has served it so well during the global crisis of 2008-09. This edition also expands on these themes through analytical features on regional spillovers, the growth effects of global financial shocks, and housing and mortgage markets in the region.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 40,5 Mb
Release : 2010-05-10
Category : Business & Economics
ISBN : 1589069218

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Regional Economic Outlook, May 2010, Western Hemisphere by International Monetary Fund. Western Hemisphere Dept. Pdf

A multispeed global recovery is under way, with some emerging markets in the lead and the major advanced economies growing more slowly. This macroeconomic setting has brought a return to easy global financial conditions and high commodity prices-a situation likely to be sustained for some time but unlikely to be permanent. Against that external backdrop, the recovery in the Latin America and Caribbean region overall is advancing faster than anticipated, but moving at different speeds across countries. The report discusses the varying policy challenges that different countries face as the global recovery proceeds. Chapter 1 analyzes the global setting and the outlook for the United States and Canada in particular, while Chapter 2 focuses on the outlook for Latin America and the Caribbean. Chapter 3 looks in depth at the challenges arising from the return of easy external financial conditions. Together with high commodity prices, such conditions represent favorable "tailwinds" for many countries of the region, but also carry risks for policymakers to address.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 51,9 Mb
Release : 2009-10-21
Category : Business & Economics
ISBN : 1589068602

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Regional Economic Outlook, October 2009, Western Hemisphere by International Monetary Fund. Western Hemisphere Dept. Pdf

The impact of the global financial crisis and recession on the Latin America and Caribbean region was substantial, but the worst is over for most countries. The region avoided falling into a crisis of its own, performing relatively well amid strong external shocks. Many countries have now returned to growth. The region now faces the challenge of adapting to a new global environment that will not be as favorable as in the past. The latest edition of the report explores the lessons and policy agenda emerging from the recent performance of the Latin America and Caribbean region, drawing also on the broader international experience. Published biannually in May and October.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 51,8 Mb
Release : 2015-04-29
Category : Business & Economics
ISBN : 1498312128

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Regional Economic Outlook, April 2015: Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept. Pdf

The economic outlook for Latin America and the Caribbean remains very challenging. Regional growth is projected to decline for a fifth consecutive year in 2015, dipping below 1 percent. Weakness is concentrated among South America's commodity exporters, where falling global commodity prices have compounded country-specific challenges. Meanwhile, growth is projected to be steady or stronger for most of the Caribbean, Central America, and Mexico, supported by lower oil bills for importers and robust economic recovery in the United States. The analysis in this report examines core challenges facing the region: the impact of lower commodity prices on fiscal and external positions, the drivers of the slowdown in investment, and the role of economic diversification for longer-term growth prospects.

Author : Anonim
Publisher : Unknown
Page : 70 pages
File Size : 51,9 Mb
Release : 2010
Category : Economic forecasting
ISBN : OCLC:680615507

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Regional Economic Outlook by Anonim Pdf

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 302 pages
File Size : 48,9 Mb
Release : 2018-04-17
Category : Business & Economics
ISBN : 9781484338278

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World Economic Outlook, April 2018 by International Monetary Fund. Research Dept. Pdf

This report describes the world economic outlook as of April 2018, projecting that advanced economies will continue to expand above their potential growth rates before decelerating, while growth in emerging markets in developing economies will rise before leveling off. It details global prospects and policies, including risks to the forecast, and essential determinants of long-term economic growth: labor force participation in advanced economies, the declining share of manufacturing jobs globally and in advanced economies, and the process through which innovative activity and technological knowledge spread across national borders.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 230 pages
File Size : 49,6 Mb
Release : 2016-04-12
Category : Business & Economics
ISBN : 9781498398589

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World Economic Outlook, April 2016 by International Monetary Fund. Research Dept. Pdf

Major macroeconomic realignments are affecting prospects differentially across the world’s countries and regions. The April 2016 WEO examines the causes and implications of these realignments—including the slowdown and rebalancing in China, a further decline in commodity prices, a related slowdown in investment and trade, and declining capital flows to emerging market and developing economies—which are generating substantial uncertainty and affecting the outlook for the global economy. Additionally, analytical chapters examine the slowdown in capital flows to emerging market economies since their 2010 peak—its main characteristics, how it compares with past slowdowns, the factors that are driving it, and whether exchange rate flexibility has changed the dynamics of the capital inflow cycle—and assess whether product and labor market reforms can improve the economic outlook in advanced economies, looking at the recent evolution and scope for further reform, the channels through which reforms affect economic activity under strong versus weak economic conditions, reforms’ short- to medium-term macroeconomic effects, and sequencing of reforms and coordination with other policies to maximize their potential quantitative economic benefits. A special feature analyzes in depth the energy transition in an era of low fossil fuel prices.

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 203 pages
File Size : 44,7 Mb
Release : 2020-10-13
Category : Business & Economics
ISBN : 1513556053

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World Economic Outlook, October 2020 by International Monetary Fund. Research Dept. Pdf

The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.