Cover Page; Title Page; Copyright Page; Contents; Acknowledgments; Introduction; PART I LATIN AMERICA'S GROWTH PROSPECTS; 1 Latin America: Rising to New Challenges; 2 Potential Growth in Latin America; 3 After the Boom: Commodity Prices and Economic Growth in Latin America and the Caribbean; PART II MANAGING THE COMMODITY PRICE CYCLE: HAVE POLICIES IMPROVED?; 4 Commodity Price Cycles: The Perils of Mismanaging the Boom; 5 Terms-of-Trade Booms: Saving-Investment Patterns and a New Metric of Income Windfall; 6 External Conditions and Debt Sustainability in Latin America. and 7 Has Fiscal Policy Become Less Procyclical in Latin America?PART III IS LATIN AMERICA VULNERABLE TO RISING CAPITAL FLOW VOLATILITY?; 8 Riding Global Waves: The Impact of External Financial Shocks on Emerging Market Economies; 9 Global Financial Shocks and Gross Capital Flows in Latin America; 10 Spillovers to Latin America from the Normalization of U.S. Monetary Policy; 11 Housing Markets in Latin America: Do We Need to Worry About a Bubble?; Index; Footnotes.
Summary
Policynakers in Latin America are implementing reforms in the regions quest to realize continued improvement in economic performance and living standards.
