Vegh, Carlos A. <br/><br/>
From Known Unknowns to Black Swans :   How to Manage Risk in Latin America and theCaribbean / 
Carlos A. Vegh. 
 - 1 online resource (0 pages) 
 - World Bank e-Library. .
<br/><br/> After a growth recovery, with an expansion of 1.1 percent in 2017, the region has encountered somebumps in the road. The Latin America and the Caribbean (LAC) region is expected to grow at a modest rateof 0.6 percent in 2018 and 1.6 percent in 2019. This slowdown in the region's recovery is mainly explainedby the crisis that started in Argentina in April. the growth slowdown in Brazil. and the continueddeterioration of Venezuela. Furthermore, net capital inflows to the region have fallen dramatically sinceearly 2018, bringing once again to the fore the risks faced by LAC. In addition, natural disasters such asearthquakes and hurricanes have brought devastation to the region with disturbing frequency. The core ofthe report analyzes the foundations of risk. develops a theoretical framework to price risk instruments, andreviews how LAC has managed risk in practice. 
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<br/><br/><label>Subjects--Topical Terms: </label><br/>Elasticity<br/>Growth<br/>Household Income Inequality<br/>Inequality<br/>Labor Force Participation<br/>Labor Income Inequality<br/>Slowdown<br/>Terms Of Trade<br/>Unemployment