Central America, Panama, and the Dominican Republic : Challenges Following the 2008-09 Global Crisis.
By: Pinon, Marco.
Contributor(s): L�opez Mej�ia, Alejandro | Garza, M. (Mario).
Material type:
BookPublisher: : International Monetary Fund, 2013Copyright date: �2013Description: 1 online resource (491 pages).Content type: text Media type: computer Carrier type: online resourceISBN: 9781475594706.Subject(s): Economic development | International finance | International Monetary FundGenre/Form: Electronic books.DDC classification: 332.152 Online resources: Click to View | Item type | Current location | Collection | Call number | URL | Copy number | Status | Date due | Item holds |
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E-book
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IUKL Library | Subscripti | https://ebookcentral.proquest.com/lib/kliuc-ebooks/detail.action?docID=1587794 | 1 | Available |
Cover Page -- Title Page -- Copyright Page -- �Indice -- Prefacio -- Panorama general -- Abreviaturas -- Parte I | Centroam�erica, Panam�a y la Rep�ublica Dominicana Antes y Durante la Crisis Financiera Mundial -- 1 | Vinculaciones externas e integraci�on econ�omica desde 2009 -- 2 | La crisis mundial de 2008-09: Impacto, respuestas de pol�itica econ�omica y papel del FMI -- Parte II Retos de Pol�itica: Panorama a Partir de 2011 -- 3 | El desaf�io de estimular el crecimiento -- 4 | Un marco para evaluar el nivel de deuda p�ublica -- 5 | La posici�on fiscal: Perspectivas y opciones de ajuste -- 6 | Marcos de pol�itica monetaria -- 7 | La dolarizaci�on oficial en El Salvador como marco monetario alternativo -- 8 | La eficacia de la pol�itica monetaria -- 9 | Supervisi�on financiera y pol�iticas macroprudenciales -- Colaboradores -- �Indice anal�itico -- Footnotes -- Cap�itulo 1: Vinculaciones externas e integraci�on econ�omica desde 2009 -- Cap�itulo 2: La crisis mundial de 2008-09: Impacto, respuestas de pol�itica econ�omica y papel del FMI -- Cap�itulo 3: El desaf�io de estimular el crecimiento -- Cap�itulo 4: Un marco para evaluar el nivel de deuda p�ublica -- Cap�itulo 5: La posici�on fiscal: Perspectivas y opciones de ajuste -- Cap�itulo 6: Marcos de pol�itica monetaria -- Cap�itulo 7: La dolarizaci�on oficial en El Salvador como marco monetario alternativo -- Cap�itulo 8: La eficacia de la pol�itica monetaria -- Cap�itulo 9: Supervisi�on financiera y pol�iticas macroprudenciales.
Central America, Panama, and the Dominican Republic coped well with the global financial crisis of 2008-09. The impact was generally less severe and shorter lived than in previous episodes, the balance of payments adjustment was orderly, and the stability of the financial system was not compromised. This resilience can be attributed to a large extent to the strengthening of the fiscal frameworks, monetary management, and financial reforms conducted in the years preceding the global crisis. Nevertheless, the region faces considerable challenges for the period ahead, including the need to raise medium term growth above historical levels and protect macroeconomic and financial stability. This book argues that meeting these challenges will have to come from within, in light of the anticipated modest demand growth from trade partners. Raising growth in the region will depend on the adoption of structural reforms that generate substantial productivity gains. Rebuilding fiscal space and securing debt sustainability will hinge on efforts to increase tax revenue and reorienting spending to social and investment priorities. In the non-officially dollarized economies, it will also be essential to strengthen the monetary policy frameworks to keep inflation low and increase exchange rate flexibility, and improve financial regulation and supervision.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2021. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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