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Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.

Capital movements -- Latin America. --- Economic development -- Latin America. --- Financial risk management -- Latin America. --- Fiscal policy -- Latin America. --- Latin America -- Economic conditions. --- Latin America -- Economic policy. --- Prices -- Latin America. --- Economic development --- Fiscal policy --- Prices --- Capital movements --- Financial risk management --- Business & Economics --- Economic History --- Latin America --- Economic conditions. --- Economic policy. --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Risk management --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Production and Operations Management --- Finance: General --- Investments: Commodities --- Commodity Markets --- Fiscal Policy --- General Financial Markets: General (includes Measurement and Data) --- International Investment --- Long-term Capital Movements --- Debt --- Debt Management --- Sovereign Debt --- Finance --- International economics --- Investment & securities --- Public finance & taxation --- Public debt --- Fiscal stance --- Personal income --- National accounts --- Commodities --- Capital flows --- Balance of payments --- Income --- Debts, Public --- United States