The global economy is in a deep crisis at three levels, each driven by the…
Weak Expansions: A distinctive feature of the business cycle in Latin America and the Caribbean Esteban Perez Caldentey, Daniel Titelman and Pablo Carvallo
[Working Paper No. 01/2013]
A business cycle analysis across 83 countries shows that while Latin America and the Caribbean have learned to weather contractions, they need stronger and longer expansions.
WP_01_2013 (Download the full text in PDF format)