Regional Economic Outlook, April 2008, Western Hemisphere

The main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnera...

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Bibliographic Details
Corporate Author: International Monetary Fund Western Hemisphere Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:Regional Economic Outlook
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a United States 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Institutional Investors 
653 |a Stock exchanges 
653 |a Stocks 
653 |a Pension Funds 
653 |a Banks 
653 |a Finance 
653 |a Banks and banking 
653 |a Monetary economics 
653 |a Financial institutions 
653 |a Financial Instruments 
653 |a Deflation 
653 |a Micro Finance Institutions 
653 |a Food prices 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a Mortgages 
653 |a Investments: Commodities 
653 |a Price Level 
653 |a Non-bank Financial Institutions 
653 |a Commodities 
653 |a Financial markets 
653 |a Stock markets 
653 |a Investments: Stocks 
653 |a Banks and Banking 
653 |a Prices 
653 |a Macroeconomics 
653 |a Banking 
653 |a Commodity prices 
653 |a Agriculture: Aggregate Supply and Demand Analysis 
653 |a Investment & securities 
653 |a Commercial products 
653 |a Finance: General 
653 |a Commodity Markets 
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520 |a The main focus of this report is the outlook for the region in the face of the downturn now projected for the U.S. economy and the continuing risks that affect the global outlook. Overall the region is better placed than in the past to navigate the current financial turbulence, given reduced vulnerabilities and stronger policy frameworks. Nonetheless, the report points to risks that the global financial stress could curtail capital flows to the region and world commodity prices could fall more than expected. There are also risks arising from rising inflation and rapid private credit growth in a number of countries. The report then explores the policy options facing governments in the region, underscoring the need to preserve the gains of recent years