Multilateral Banking and Development Financing in a Context of Financial Volatility

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In the 1990’s, the economic performance of the Latin American and Caribbean economies was highly dependent on capital inflows into the region. Access to external financing coupled with better macroeconomic management, boosted growth and brought inflation down considerably. However, the processes of expansion and contraction on international financial markets led to volatility in international capital movements, which resulted in an unstable growth path. This publication discusses the composition and volatility of financial flows into Latin American and Caribbean countries. Indicators of external vulnerability and macroeconomic performance are also analyzed.
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Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211213584
Print Publication Date
Page Count
52
Print Sales Number
02.II.G.58
Series Title
Financiamiento del Desarrollo

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