TY - BOOK ID - 11261232 TI - Macroeconomic volatility : the policy lessons from Latin America PY - 2006 SN - 1451864264 1462356869 1451985150 9786613827135 1452766282 1283514680 PB - [Washington, D.C.] : International Monetary Fund, IMF Institute, DB - UniCat KW - Electronic books. -- local. KW - Financial crises -- Latin America. KW - Latin America -- Economic conditions. KW - Business & Economics KW - Economic Theory KW - Financial crises KW - Latin America KW - Economic conditions. KW - Crashes, Financial KW - Crises, Financial KW - Financial crashes KW - Financial panics KW - Panics (Finance) KW - Stock exchange crashes KW - Stock market panics KW - Crises KW - Financial Risk Management KW - Inflation KW - Public Finance KW - Debt KW - Debt Management KW - Sovereign Debt KW - Price Level KW - Deflation KW - Fiscal Policy KW - Financial Crises KW - Public finance & taxation KW - Macroeconomics KW - Economic & financial crises & disasters KW - Public debt KW - Fiscal policy KW - Government asset and liability management KW - Debts, Public KW - Prices KW - Finance, Public KW - Brazil UR - https://www.unicat.be/uniCat?func=search&query=sysid:11261232 AB - The recent recovery in Latin America has been impressive but also raises the question whether this represents a fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and financial crisis over the past century has adversely impacted on growth and other development indicators, and the role played by policy instability. The paper then concludes that recent policies in the region offer encouragement that these vulnerabilities are being addressed, but notes that an important agenda still remains to be addressed. ER -