IMF tells Latam to be prepared for a “triple shock”, in the worst of scenarios

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Latin American policy makers must be prepared to use interest rate cuts and consider fiscal measures to protect their economies in the event that the global economy stalls, the International Monetary Fund said. Should recessions in Europe and the US materialize and spill over to Asia, commodity producers in the region may face a “triple shock” from weaker terms of trade, declining exports and tighter global credit markets, the IMF warned in a report released this week.

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About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
This entry was posted in China, Commodities, Crisis, Debt, Financial crisis, Latinamerica and tagged , , , . Bookmark the permalink.

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