Macroeconomic Instability and Contagion in Latin America

Edwards, Sebastian (2004) Macroeconomic Instability and Contagion in Latin America. Elcano Newsletter (1). 11 p.. ISSN 1698-5184

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Abstract

In this paper I deal with a number of issues related to macroeconomic instability in Latin America. I first discuss some of the most important policy issues faced by the Latin American nations. These include the effectiveness of controls on capital inflows, contagion from external crises, the effect of exchange rate depreciation on output, the international transmission of the business cycle. Second, I argue that the economic research agenda on Latin America should not ignore history. In Latin America, more so than in any other region in the world, there has been a self-destructing tendency for repeating historical.

Item Type: Article
Additional Information: Estudio sólo disponible en inglés
Uncontrolled Keywords: América Latina
Subjects: ECONOMIC POLICY; SOCIAL POLICY; PLANNING > ECONOMIC POLICY; PLANNING > ECONOMIC POLICY.REGIONAL POLICY
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC RESEARCH; ECONOMICS > MICROECONOMICS
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC RESEARCH; ECONOMICS > ECONOMIC ANALYSIS
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC CONDITIONS > ECONOMIC BEHAVIOUR
Divisions: Real Instituto Elcano, RIE
Depositing User: Jorge Horcas Pulido
Date Deposited: 17 Jan 2012 12:38
Last Modified: 17 Jan 2012 12:38
URI: http://biblioteca.ribei.org/id/eprint/706

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