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Regional Economic Outlook, October 2008, Western Hemisphere : Grappling with the Global Financial Crisis »
Series: Regional Economic Outlook
Author(s): International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 October 2008
Keywords: inflation, food prices, exchange rate, monetary policy, foreign currency
The ongoing global turmoil represents a confluence of negative shocks for Latin America and the Caribbean: a freeze in global credit markets, weaker external demand, and lower commodity prices. But the region is ex...