TY - BOOK AU - Singh,Anoop TI - Macroeconomic Volatility: The Policy Lessons from Latin America T2 - IMF Working Papers; Working Paper SN - 1451864264 : SN - 1018-5941 PY - 2006/// CY - Washington, D.C. PB - International Monetary Fund KW - Banking and Currency Crises KW - imf KW - Central Bank KW - Debt Ratio KW - Fiscal Frameworks KW - Foreign Currency KW - Growth Cycles KW - Argentina KW - Brazil KW - Chile KW - Mexico KW - Uruguay N2 - The recent recovery in Latin America has been impressive but also raises the question whether this represents a fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and financial crisis over the past century has adversely impacted on growth and other development indicators, and the role played by policy instability. The paper then concludes that recent policies in the region offer encouragement that these vulnerabilities are being addressed, but notes that an important agenda still remains to be addressed UR - http://elibrary.imf.org/view/IMF001/04407-9781451864267/04407-9781451864267/04407-9781451864267.xml UR - http://www.imfbookstore.org/IMFORG/9781451864267 ER -