Resilience in Latin America : Lessons from Macroeconomic Management and Financial Policies /

This paper analyzes the unprecedented resilience of Latin American countries to the global financial crisis. It argues that sound macroeconomic conditions, which allowed an unusual monetary and fiscal expansion, exchange rate flexibility, a strong and well--regulated financial system, high level of...

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Bibliographic Details
Main Author: De Gregorio, Jose
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/259
Online Access:Full text available on IMF

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