Fiscal Adjustment in Latin America and the Caribbean : Short-Run Pain, Long-Run Gain?

التفاصيل البيبلوغرافية
العنوان: Fiscal Adjustment in Latin America and the Caribbean : Short-Run Pain, Long-Run Gain?
المؤلفون: Vegh, Carlos A., Vuletin, Guillermo, Riera-Crichton, Daniel, Friedheim, Diego, Morano, Luis, Camarena, José Andrée
بيانات النشر: World Bank
سنة النشر: 2018
مصطلحات موضوعية: GROWTH, HOUSEHOLD INCOME INEQUALITY, LABOR FORCE PARTICIPATION, LABOR INCOME INEQUALITY, SLOWDOWN, ELASTICITY, INEQUALITY, TERMS OF TRADE, UNEMPLOYMENT, FISCAL ADJUSTMENT, FISCAL TRENDS, eco, scipo
جغرافية الموضوع: Latin America & Caribbean, Caribbean, Central America, Latin America, South America
الوصف: After a growth slowdown that lasted six years, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed growth at a modest rate of 1.1 percent in 2017 and 1.8 percent expected in 2018. This reflects a more favorable external environment, particularly a recovery in commodity prices. In spite of the benign external environment, most LAC countries still face a fragile fiscal situation. While gradual fiscal adjustments have started in several countries, most countries are still running fiscal deficits and debt levels are high. Further fiscal consolidation is needed to preserve the substantial gains achieved by the region in recent times, in terms of lower inflation, less poverty and inequality, and inclusive growth. This Semiannual Report analyzes the complex decisions regarding fiscal adjustment policies.
نوع الوثيقة: other/unknown material
اللغة: English
Relation: http://hdl.handle.net/10986/29666
الاتاحة: http://hdl.handle.net/10986/29666
Rights: undefined
رقم الانضمام: edsbas.DBDB45A8
قاعدة البيانات: BASE