Looks at the complex interlinked global financial system at ground level. This book covers mid- and long-term macroeconomic projections for the Western Hemisphere, with political and policy analysis, and assessments for stability and growth.
The past year has been one of strong economic performance for the Western Hemisphere, notwithstanding somewhat slower growth in the United States in recent quarters. Can this performance be sustained, and what challenges does the region face? Reviewing macroeconomic prospects and risks, this report pays particular attention to the influence of the external environment on Latin America, and addresses the question of whether Latin America has now succeeded in breaking with its history of periodic growth reversals.