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portada How Latin America Weathered the Global Financial Crisis (Peterson Institute for International Economics - Publication)
Type
Physical Book
Year
2013
Language
English
Pages
166
Format
Paperback
ISBN13
9780881326789

How Latin America Weathered the Global Financial Crisis (Peterson Institute for International Economics - Publication)

José De Gregorio (Author) · Peterson Institute For International Economics · Paperback

How Latin America Weathered the Global Financial Crisis (Peterson Institute for International Economics - Publication) - José De Gregorio

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NT$ 964
NT$ 964

Synopsis "How Latin America Weathered the Global Financial Crisis (Peterson Institute for International Economics - Publication) "

Why has the economy of Latin America responded more positively than Asia, Europe, or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. Jose De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."

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