External Conditions and Debt Sustainability in Latin America PDF (Adobe DRM) download by Gustavo Adler

External Conditions and Debt Sustainability in Latin America

INTERNATIONAL MONETARY FUND
Publication date: January 2013
ISBN: 9781475569896
Digital Book format: PDF (Adobe DRM)

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Highly favorable external conditions have helped Latin America strengthen its economic fundamentals over the last decade. But, has the region built enough buffers to guard itself from a weakening of the external environment? This paper addresses this question by developing a simple framework that integrates econometric estimates of the effect of global factors on key domestic variables that determine public and external debt dynamics, with the IMF's standard debt sustainability framework. Results suggest that, while some countries in the region are well placed to withstand moderate or even large shocks, many would benefit from having stronger buffers to be in a position to deploy countercyclical policies, especially under tail events. External sustainability, on the other hand, does not appear to be a source of concern for most countries.
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External Conditions and Debt Sustainability in Latin America PDF (Adobe DRM) download by Gustavo Adler
INTERNATIONAL MONETARY FUND, January 2013
ISBN: 9781475569896
EAN:  9781475569896
PDF (Adobe DRM)
List Price: $9.00 eBook price: $6.99
External Conditions and Debt Sustainability in Latin America ePub (Adobe DRM) download by Gustavo Adler
INTERNATIONAL MONETARY FUND, January 2013
ISBN: 9781475555172
EAN:  9781475555172
ePub (Adobe DRM)
List Price: $9.00 eBook price: $6.99
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