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[IWS] IADB: 2015 LATIN AMERICAN AND CARIBBEAN MACROECONOMIC REPORT--THE LABYRINTH: HOW CAN LATIN AMERICAN AND THE CARIBBEAN NAVIGATE THE GLOBAL ECONOMY [28 March 2015]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
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NOTE: Funding for this service ends on 31 March 2015. Postings will end on this date as well.
Inter-American Development Bank (IADB)
2015 LATIN AMERICAN AND CARIBBEAN MACROECONOMIC REPORT--
THE LABYRINTH: HOW CAN LATIN AMERICAN AND THE CARIBBEAN NAVIGATE THE GLOBAL ECONOMY [28 March 2015]
[full-text, 106 pages]
[full-text, 114 pages]
The 2015 Latin American and Caribbean Macroeconomic Report argues that the region is in the midst of a labyrinth and must navigate several global and domestic obstacles—including lower commodity prices and new types of financial risks—to ensure strong and sustainable growth. The report suggests that many countries must make fiscal adjustments to avoid higher debt without compromising the significant social gains of recent years, and details both the types and speed of policies that may be adopted. The report urges each country to fashion its own specific response based on its particular circumstances and further enhance productivity to attain higher, long-term growth.
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