There are many sources of inflation forecasts for Latin America. The International Monetary Fund, Latin Focus, the Economist Intelligence Unit and other consulting companies all offer inflation forecasts. However, these sources do not provide any probability measures regarding the risk of...

This paper analyzes capital inflow surges in emerging economies from 1980 to 2005. Estimated probit models are used, which discriminate well between surges associated with banking crises or recessions, and those surges that end without such events. The results indicate that the composition of...

This paper proposes a new taxonomy of Sudden Stops comprised of seven categories with definitions depending on the behavior of gross and net capital flows. The incidence of different types of Sudden Stops is tracked over time and the type of Sudden Stop related to economic performance. Sudden...

The December 2012 surveys of expectations for inflation and growth conducted by Central Banks with inflation targeting regimes continue to focus on 2012 and 2013 expectations. The weighted average expectation for regional growth for 2012, which should be close to the final figure for the year,...

There is widespread concern that recent increases in international food prices may have significant effects on domestic food prices and inflation. This note assesses the impact of the recent food price shock on food, non-food and consumer inflation in the countries of Latin American and the...

The October surveys of expectations for inflation and growth conducted by Central Banks in the region indicate increases in both growth and inflation expectations for a number of countries. Inflation expectations for 2012 have risen in Uruguay reaching 8.3%. They have also increased in Brazil...

The February 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that movements in inflation expectations have been mixed. The simple average inflation expectation for the region for both 2013 and 2014 is 4. 5%. Inflation expectations rose quite...

REVELA analyzes market expectations of growth and inflation in Latin American countries. The figures analyzed represent the results of surveys of private sector actors conducted by the central banks of each country according to their own specific methodologies. They do not represent official...

The September surveys of expectations for inflation and growth conducted by Central Banks in the region show mixed results with stable expectations for average growth and inflation across the eight countries. Growth expectations rose for Chile (to 5. 0%), Mexico (to 3. 9%) and Peru (to 6. 0%)...

A growing number of cities around the world have established systems for monitoring the quality of urban life. Many of those systems combine objective information with subjective opinions and cover a wide variety of topics. This book assesses a method that takes advantage of both types of...