Point Iv Showing Results In Latin America

This publication examines the social impact of an unprecedented crisis.

This publication outlines the region’s economic performance in 2018 and analyses trends in the early months of 2019, as well as the outlook for the rest of the year. It examines the external and domestic factors that have influenced the region’s economic performance, analyses the characteristics of growth, prices and the labour market, and draws attention to some of the macroeconomic policy challenges of the prevailing external conditions, amid mounting uncertainty stemming mainly from political factors. It analyses the dynamics of investment and its determinants, with a view to identifying the different variables on which public policy can act to influence the trajectory of investment.

In a global economy beset by concerns over a growth recession, financial volatility, and rising inflation, countries in the Western Hemisphere have been among the few bright spots in recent years. This has not come as a surprise to those following the significant progress achieved by many countries in recent years, both in macroeconomic management and on the structural and institutional front. Hence, there can be little doubt, as this book argues, that economic and financial linkages between Latin America, the United States, and other important regions of the world economy have undergone profound change.

This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers to share high-quality research directly applied to policy issues within and among those countries. Contents include: The Economics of Latin American Art: Creativity Patterns and Rates of Return Sebastian Edwards (UCLA) Privatization in Latin America: What Does the Evidence Say? Alberto Chong (IADB) and Florencio Lopez-de-Silanes (Yale University) Multinationals and Linkages: An Empirical Investigation Laura Alfaro (Harvard Business School) and Andres Rodriguez-Clare (IADB) On the Consequences of Sudden Stops Pablo E. Guidotti (Universidad Torcuato di Tella, Argentina), Federico Sturzenegger (Universidad Torcuato di Tella, Argentina), and Agustin Villar (Bank for International Settlements) Effects of Foreign Exchange Intervention under Public Information: The Chilean Case Matias Tapia (Canco Central de Chile) and Andrea Tokman (Banco Central de Chile)