How Latin America Weathered the Global Financial Crisis

"Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and a bit of luck'"--Provided by publisher.

Year

2013

Language

English

Publisher

Peterson Institute for International Economics

Editions

1

Pages

166

ISBN

9780881326789

Data source: Wikidata