Download Ebook Central America Panama and the Dominican Republic Challenges Following the 2008-09 Global Crisis

[Ebook.B1hI] Central America Panama and the Dominican Republic Challenges Following the 2008-09 Global Crisis

[Ebook.B1hI] Central America Panama and the Dominican Republic Challenges Following the 2008-09 Global Crisis

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Book Details :
Published on: 2012-07-16
Released on: 2012-07-16
Original language:

Central America, Panama, and the Dominican Republic coped well with the global financial crisis of 2008-09. The impact was generally less severe and shorter lived than in previous episodes, the balance of payments adjustment was orderly, and the stability of the financial system was not compromised. This resilience can be attributed to a large extent to the strengthening of the fiscal frameworks, monetary management, and financial reforms conducted in the years preceding the global crisis. Nevertheless, the region faces considerable challenges for the period ahead, including the need to raise medium term growth above historical levels and protect macroeconomic and financial stability. This book argues that meeting these challenges will have to come from within, in light of the anticipated modest demand growth from trade partners. Raising growth in the region will depend on the adoption of structural reforms that generate substantial productivity gains. Rebuilding fiscal space and securing debt sustainability will hinge on efforts to increase tax revenue and reorienting spending to social and investment priorities. In the non-officially dollarized economies, it will also be essential to strengthen the monetary policy frameworks to keep inflation low and increase exchange rate flexibility, and improve financial regulation and supervision. The Latest On AXS The AXS Cookie Policy. This website like most others uses cookies in order to give you a great online experience. By continuing to use our website you accept to our ... Video News - CNN.com 2017 Cable News Network. Turner Broadcasting System Inc. All Rights Reserved. CNN Sans & 2016 Cable News Network. Ecuador - Wikipedia On October 9 1820 Guayaquil became the first city in Ecuador to gain its independence from Spain. The people were very happy about the independence and celebrated ... AXS.com - Official Tickets and Your Source for Live ... The AXS Cookie Policy. This website like most others uses cookies in order to give you a great online experience. By continuing to use our website you accept to our ... Europe Banknote News Two years after initially unveiling their designs the National Bank of the Republic of Macedonia introduced banknotes in the new denominations of 200- and 2000 ... OECD.org - Tax The OECDs work to advance tax certainty specifically includes work to improve the timeliness of processing and completing mutual agreement procedure (MAP) cases ... Nicaragua - Wikipedia Etymology. The name "Nicaragua" was coined by Spanish colonists based on the name "Nicarao" chief of the most populous indigenous tribe. When Spaniard Gil Gonzlez ... PageInsider - Information about all domains Own a website? Manage your page to keep your users updated View some of our premium pages: google.com. yelp.com. yahoo.com. microsoft.com. Upgrade to a Premium Page The World Factbook Central Intelligence Agency The United States and its partners continue to face a growing number of global threats and challenges. The CIAs mission includes collecting and analyzing ... OECD.org - Newsroom Strong crop yields higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the ...
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