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008 020129s2019 dcu o i00 0 eng
020 _z9781464814136
035 _a(The World Bank)211413
040 _aDJBF
_beng
_cDJBF
_erda
100 1 _aVegh, Carlos A.
_928388
245 1 0 _aEffects of the Business Cycle on Social Indicators in Latin America and the Caribbean :
_bWhen Dreams Meet Reality /
_cCarlos A. Vegh.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2019.
300 _a1 online resource (69 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 3 _aAfter mediocre growth in 2018 of 0.7 percent. LAC is expected to perform only marginally better in 2019(growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face bothinternal and external challenges during 2019. On the domestic front. the recession in Argentina; a slowerthan expected recovery in Brazil from the 2014-2015 recession, anemic growth in Mexico. and thecontinued deterioration of Venezuela. present the biggest challenges. On the external front. the sharpdrop in net capital inflows to the region since early 2018 and the monetary policy normalization in theUnited States stand among the greatest perils. Furthermore, the recent increase in poverty in Brazilbecause of the recession points to the large effects that the business cycle may have on poverty. The coreof this report argues that social indicators that are very sensitive to the business cycle may yield a highlymisleading picture of permanent social gains in the region.
588 _aDescription based on print version record.
650 4 _aElasticity
_928389
650 4 _aGrowth
_928390
650 4 _aHousehold Income Inequality
_928391
650 4 _aInequality
_928392
650 4 _aLabor Force Participation
_928393
650 4 _aLabor Income Inequality
_928394
650 4 _aSlowdown
_928395
650 4 _aTerms of Trade
_928396
650 4 _aUnemployment
_928397
651 4 _aLatin America
_928398
700 1 _aVegh, Carlos A.
_928388
776 0 8 _aPrint Version:
_z9781464814136
830 0 _aWorld Bank e-Library.
_928399
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1413-6
999 _c5360
_d5360