Regional Economic Outlook, May 2009: Western Hemisphere - Stronger Fundamentals Pay Off por International Monetary Fund

Titulo del libro : Regional Economic Outlook, May 2009: Western Hemisphere - Stronger Fundamentals Pay Off
Fecha de lanzamiento : July 10, 2009
Autor : International Monetary Fund
Número de páginas : 101
Editor : INTERNATIONAL MONETARY FUND

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Regional Economic Outlook, May 2009: Western Hemisphere - Stronger Fundamentals Pay Off por International Monetary Fund

International Monetary Fund con Regional Economic Outlook, May 2009: Western Hemisphere - Stronger Fundamentals Pay Off

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 crisis, many for the first time, with active policies to boost output and employment and protect the most vulnerable groups. This will help contain the damage from the global crisis and speed up the region’s recovery.