A Brave New World for Latin America

Marcelo Giugale ()
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Marcelo Giugale: World Bank

World Bank - Economic Premise, 2010, issue 10, 1-7

Abstract: With variations across countries, Latin America’s economic agenda will change over the next few years. Fiscal policy will be monitored more independently, and may lean more against cycles. Financial regulation will be heavier, and less attuned with a single international model. Innovation will be at the center of trade strategies. Equity will begin to replace equality as the driver of social programs. More state agencies will be managed by results, starting the long process of earning citizens’ trust. The region will play a larger global role, led by Brazil. And if the world’s economy holds, most Latin Americans will be on a faster development path.

Keywords: Latin America; fiscal policy; financial regulation; equality; equity; social programs; innovation; trade; Brazil; development (search for similar items in EconPapers)
JEL-codes: E6 E62 O1 O3 O31 (search for similar items in EconPapers)
Date: 2010
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