TY - BOOK AU - de la Torre AU - Augusto de la Torre AU - Augusto AU - Beylis,Guillermo AU - Beylis AU - de la Torre,Augusto AU - de la Torre AU - de Pinies,Jaime AU - de Pinies AU - Guillermo Beylis AU - Guillermo AU - Jaime de Pinies AU - Jaime TI - LAC Semiannual Report April 2014 : : International Flows to Latin America - Rocking the Boat? T2 - Latin American and Caribbean Semiannual Report SN - 9781464803185 PY - 2014/// CY - Washington, D.C. PB - The World Bank KW - capital flow volatility KW - FDI KW - foreign direct investment KW - growth KW - international flows KW - productivity KW - remittances KW - reversibility KW - stability N2 - 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 UR - http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-0286-7 ER -