The World of Forking Paths: Latin America and the Caribbean Facing Global Economic Risks

104 Pages Posted: 1 Apr 2012

See all articles by Andrew Powell

Andrew Powell

Inter-American Development Bank (IDB); Universidad Torcuato Di Tella - School of Business; Harvard University - Center for International Development (CID)

Date Written: March 2012

Abstract

This report details the divergent paths that the world economy may take and their potential effects on Latin America and the Caribbean. Scenarios are constructed employing a modeling exercise that captures the trade, financial and other linkages between the region and the rest of the world. While vulnerabilities remain and external shocks have been and remain critical, the region enjoys many strengths and has developed a growing arsenal of policy tools. What is the balance of vulnerabilities versus strengths? How can countries address the existing vulnerabilities? How can they perfect their policy tools and minimize the effect of external crises?

JEL Classification: E52, E62, F34, N16

Suggested Citation

Powell, Andrew P. and Powell, Andrew P., The World of Forking Paths: Latin America and the Caribbean Facing Global Economic Risks (March 2012). IDB Working Paper No. IDB-MG-126, Available at SSRN: https://ssrn.com/abstract=2032441 or http://dx.doi.org/10.2139/ssrn.2032441

Andrew P. Powell (Contact Author)

Inter-American Development Bank (IDB) ( email )

1300 New York Avenue NW
Washington, DC 20577
United States

Universidad Torcuato Di Tella - School of Business ( email )

Saenz Valiente 1010
C1428BIJ Buenos Aires
Argentina
+5411 4787-9349 (Phone)
+5411 4783-3220 (Fax)

Harvard University - Center for International Development (CID) ( email )

One Eliot Street Building
79 JFK Street
Cambridge, MA 02138
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
46
Abstract Views
656
PlumX Metrics