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Regional Economic Outlook, May 2009: Western Hemisphere - Stronger Fundamentals Pay Off

International Monetary Fund




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 | #4410301 in eBooks |  2009-05-05 |  2009-05-05 | File type: PDF

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The global crisis that began in advanced economies has sent severe shocks around the world, posing a test to the economies of Latin America and the Caribbean. The good news is that during this decade the region has made itself more resilient to external shocks, by strengthening policy frameworks and reducing vulnerabilities in its public finances and financial systems. These preparations, the report shows, mean that countries are now more able to respond to the external ...

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