Managing Fiscal Policy in Latin America and the Caribbean: Volatility, Procyclicality, and Limited Creditworthiness

Latin America is volatile--about two to three times as volatile as the industrial economies. It is more volatile than any region other than Africa and the Middle East. Latin America's access to international financial markets is sporadic, and often disappears just when it would be most valuable.

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Year of publication:	1996-03
Authors:	Gavin, Michael ; Hausmann, Ricardo ; Perotti, Roberto ; Talvi, Ernesto
Institutions:	Inter-American Development Bank
Subject:	Fiscal Policy \| WP-326

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Extent:	application/pdf
Series:	IDB Publications (Working Papers).
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IDB Working Paper Series Number 6797
Source:	RePEc - Research Papers in Economics

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