The impact of the global financial crisis on Latin America

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(97/2009)
cepal.docTypeRevistas
cepal.idSade36650
cepal.physicalDescriptiongráficos., tablas.
cepal.topicEngVALUE CHAINS
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngREMITTANCES
cepal.topicSpaCADENAS DE VALOR
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaREMESAS
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorOcampo, José Antonio
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T18:44:43Z
dc.date.available2014-01-02T18:44:43Z
dc.date.issued2008-08
dc.descriptionIncludes bibliography
dc.description.abstractThis essay argues that while the complete lack of liquiditycharacterizing the most severe phase of the financial crisis unleashedin September 2008 is now a thing of the past, lending and productionactivity in the industrialized countries are both contracting rapidly andthe financial system is still undercapitalized. Of all the external channelsthrough which the crisis has been transmitted to Latin America, the dropin remittances is the least important. The most widespread negative effectswill come from the decline in the volume of international trade and thesharp deterioration in the terms of trade for commodities. In addition, aperiod of very restricted external private-sector financing lies ahead. Theregion's economies have entered this crisis in a stronger position than inthe past, mainly because public debt is lower and international reservesare large, but this will only partially mitigate the repercussions of the worstglobal economic crisis since the Great Depression of the 1930s.
dc.formatTexto
dc.format.extentpáginas. 9-32
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2400-P
dc.identifier.urihttps://hdl.handle.net/11362/11316
dc.language.isoeng
dc.physicalDescriptiongrafs., tabls.
dc.physicalDescriptionp. 9-32
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo97
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngFINANCIAL CRISIS
dc.subject.unbisEngGLOBALIZATION
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngDEVELOPING COUNTRIES
dc.subject.unbisEngREMITTANCES
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngCOMMODITY TRADE
dc.subject.unbisEngCAPITAL MOVEMENTS
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngVALUE CHAINS
dc.subject.unbisSpaCRISIS FINANCIERA
dc.subject.unbisSpaGLOBALIZACION
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaPAISES EN DESARROLLO
dc.subject.unbisSpaREMESAS
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaCOMERCIO DE PRODUCTOS BASICOS
dc.subject.unbisSpaMOVIMIENTOS DE CAPITAL
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaCADENAS DE VALOR
dc.titleThe impact of the global financial crisis on Latin America
dc.type.coarrevista
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