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Chapter 9. Global Financial Shocks and Gross Capital Flows in Latin America »
Chapter
Source: Latin America : New Challenges to Growth and Stability
Series: Books
Author(s): Dora Iakova , Luis Cubeddu , Gustavo Adler , and Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 December 2014
ISBN: 9781498328166
Keywords: debt, commodity, fiscal policy, interest, growth
Global financial markets have been a source of sizable shocks over the past decade, with broad repercussions across emerging markets. Stark examples are the crisis triggered by the...

Chapter 8. Riding Global Waves: The Impact of External Financial Shocks on Emerging Market Economies »
Chapter
Source: Latin America : New Challenges to Growth and Stability
Series: Books
Author(s): Dora Iakova , Luis Cubeddu , Gustavo Adler , and Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 December 2014
ISBN: 9781498328166
Keywords: debt, commodity, fiscal policy, interest, growth
Several years have passed since the bankruptcy of Lehman Brothers marked the beginning of a global storm that put many advanced economies on the verge of a financial meltdown. Finan...