Product Key Features
Number of Pages166 Pages
Publication NameHow Latin America Weathered the Global Financial Crisis
LanguageEnglish
Publication Year2013
SubjectEconomic History, International / Economics, Economics / Macroeconomics, World / Caribbean & Latin American, Public Policy / Economic Policy, Money & Monetary Policy
TypeTextbook
Subject AreaPolitical Science, Business & Economics
AuthorJosé De Gregorio
Additional Product Features
Intended AudienceScholarly & Professional
Dewey Edition23
ReviewsLatin America stands out as a good performer in the current global economic crisis. José De Gregorio, an exceptionally accomplished economist and policymaker, analyzes why its record was different this time. He provides a convincing and important explanation of how and why good policies, consistently implemented, work--and why a little luck in the form of improved terms of trade also helps., Latin America stands out as a good performer in the current global economic crisis. Jos De Gregorio, an exceptionally accomplished economist and policymaker, analyzes why its record was different this time. He provides a convincing and important explanation of how and why good policies, consistently implemented, work--and why a little luck in the form of improved terms of trade also helps., De Gregorio's book offers brilliant insight into how sound macro-financial policies in good times mitigate vulnerabilities and support sustainable development. The book conveys a heartening message about Latin America's ability to outperform in the face of formidable challenges. It also delivers a finely nuanced message for consolidating long-term growth and prosperity: vigilance and preparedness on the macro-financial front and decisively advancing a social progress agenda to alleviate inequality and accelerate social integration., Latin America stands out as a good performer in the current global economic crisis. Jos De Gregorio, an exceptionally accomplished economist and policymaker, analyzes why its record was different this time. He provides a convincing and important explanation of how and why good policies, consistently implemented, work-and why a little luck in the form of improved terms of trade also helps., A superb analysis of unparalleled clarity, José De Gregorio's How Latin America Weathered the Global Financial Crisis is essential reading for those who seek to understand Latin America's recent evolution, prospects, and challenges., A superb analysis of unparalleled clarity, Jos De Gregorio's How Latin America Weathered the Global Financial Crisis is essential reading for those who seek to understand Latin America's recent evolution, prospects, and challenges.
Grade FromCollege Graduate Student
Dewey Decimal330.9800411
SynopsisWhy has the economy of Latin America responded more positively than Asia, Europe, or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck.", Why has the economy of Latin America responded more positively than Asia, Europe, or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. Jos De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."
LC Classification NumberHC125.D3695 2013