LAC Semiannual Report April 2014
Author | : Augusto de la Torre |
Publisher | : World Bank Publications |
Total Pages | : 55 |
Release | : 2014-04-24 |
ISBN-10 | : 9781464802867 |
ISBN-13 | : 1464802866 |
Rating | : 4/5 (67 Downloads) |
Download or read book LAC Semiannual Report April 2014 written by Augusto de la Torre and published by World Bank Publications. This book was released on 2014-04-24 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: As usual in this series, Chapter 1 reviews the configuration of global risks and assesses the outstanding short term opportunities and challenges facing the LAC region. A special focus is placed this time around on the difference between exposure and vulnerability to exogenous shocks, with the latter assessed by adjusting exposure for a country’s shock absorption policy capacity. Given the global context and associated concerns with capital flow volatility, in Chapter 2 we take a look at the comparatively more stable components of international flows: FDI and Remittances. The cyclicality and volatility, as well as the joint determinants of FDI and Remittances are reviewed.