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dc.contributor.authorOcampo, José Antonio
dc.date.accessioned2014-01-02T18:44:26Z
dc.date.available2014-01-02T18:44:26Z
dc.date.issued2007-12
dc.identifier.urihttps://hdl.handle.net/11362/11229
dc.descriptionIncludes bibliography
dc.description.abstractThis paper argues that the recent boom in the Latin Americaneconomies can be explained by the conjunction of two external factorsnot found together since the 1970s: strong commodity prices (more sofor hydrocarbons and mining products than for agricultural commodities);and exceptional external financing conditions. Concerning the latter, thekey development was the massive influx of capital during two periods of "exuberance" in international financial markets (between mid-2004 and April2006, and between mid-2006 and mid-2007);, particularly the second. It alsoargues for the importance of spreading and consolidating Latin America'stwo great (and complementary); macroeconomic policy innovations ofrecent years: countercyclical fiscal management (still confined to just a fewcountries); and active intervention in currency markets. Such interventionneeds to be based on a growing recognition that the real exchange rateought to be an explicit goal of macroeconomic policy.
dc.language.isoen
dc.relation.ispartofCEPAL Review
dc.relation.ispartofseriesCEPAL Review
dc.titleThe macroeconomics of the Latin American economic boom
dc.typeTexto
dc.publicationstatusDisponible
dc.physicaldescriptionp. 7-28
dc.callnumberX/C 22(93/2007)
dc.identifier.unsymbolLC/G.2347-P
dc.relation.ispartofno93
dc.translation.recordLa macroeconomía de la bonanza económica latinoamericana
dc.subject.spanishCONDICIONES ECONOMICAS
dc.subject.spanishCRECIMIENTO ECONOMICO
dc.subject.spanishESTADISTICAS ECONOMICAS
dc.subject.spanishFINANZAS INTERNACIONALES
dc.subject.spanishMACROECONOMIA
dc.subject.spanishMATERIAS PRIMAS
dc.subject.spanishMOVIMIENTOS DE CAPITAL
dc.subject.spanishPOLITICA ECONOMICA
dc.subject.spanishPOLITICA FISCAL
dc.subject.spanishPOLITICA MONETARIA
dc.subject.spanishPRECIOS
dc.subject.spanishTIPOS DE CAMBIO
dc.subject.englishCAPITAL MOVEMENTS
dc.subject.englishECONOMIC CONDITIONS
dc.subject.englishECONOMIC GROWTH
dc.subject.englishECONOMIC POLICY
dc.subject.englishECONOMIC STATISTICS
dc.subject.englishFISCAL POLICY
dc.subject.englishFOREIGN EXCHANGE RATES
dc.subject.englishINTERNATIONAL FINANCE
dc.subject.englishMACROECONOMICS
dc.subject.englishMONETARY POLICY
dc.subject.englishPRICES
dc.subject.englishRAW MATERIALS
dc.coverage.spatialspaAMERICA LATINA
dc.coverage.spatialengLATIN AMERICA
dc.type.biblevelSección o Parte de un Documento
dc.doctypeRevistas
dc.topic.spanishASUNTOS FISCALES
dc.topic.spanishHETEROGENEIDAD ESTRUCTURAL
dc.topic.spanishMACROECONOMÍA
dc.topic.spanishESTADÍSTICAS ECONÓMICAS
dc.topic.spanishPRECIOS
dc.topic.englishFISCAL AFFAIRS
dc.topic.englishSTRUCTURAL HETEROGENEITY
dc.topic.englishMACROECONOMICS
dc.topic.englishECONOMIC STATISTICS
dc.topic.englishPRICES
dc.idsade32789
dc.translation.urihttps://hdl.handle.net/11362/11219
dc.workarea.spanishDESARROLLO ECONÓMICO
dc.workarea.spanishESTADÍSTICAS
dc.workarea.englishECONOMIC DEVELOPMENT
dc.workarea.englishSTATISTICS
dc.translation.languagees


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