Preliminary Overview of the Economies of Latin America and the Caribbean 2015
This publication highlights a regional slowdown in GDP growth. It argues that the currency depreciation seen in several countries in the region could, if sustained, increase incentives for investment in tradeable sectors other than the regionas traditional exports (commodities), while redirecting expenditure to ease pressure on the current account. Growth-supporting industrial, trade, environmental, social and labour policies that take into account the needs of small and medium-sized enterprises, could help lessen the regionas structural heterogeneity. Growth combined with greater equality would thus gain economic and social sustainability, with greater reliance from investment and exports than before. It is argued that this combination would be aided by social covenants for investment.The volatility characterizing financial markets during 2015 intensified in the second half of the year because of financial developments in China On 13 June, share prices on the Chinese stock market began a decline that would almost completely ... decision to change the rules used to set the exchange rate of the countrya#39;s currency: the midpoint around which the yuan could fluctuate would be determined by the previous daya#39;s closing price rather than being set by the bank as hitherto.
| Title | : | Preliminary Overview of the Economies of Latin America and the Caribbean 2015 |
| Author | : | United Nations Economic Commission for Latin America and the Caribbean |
| Publisher | : | United Nations - 2016-04-12 |
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