Economic Survey of Latin America and the Caribbean 2007-2008: Macroeconomic policy and volatility

Includes bibliography

The globalization of financial volatility: challenges for emerging economies

Includes bibliography

Corporate risk management and exchange rate volatility in Latin America

Includes bibliography

Seeking growth under financial volatility

Includes bibliography

Crisis, volatility and fiscal policy in Latin America

Includes bibliography

Multilateral banking and development financing in a context of financial volatility

Includes bibliography

Macroeconomic volatility and social vulnerability in Brazil: the Cardoso government (1995-2002) and perspectives

Includes bibliography

Corporate risk management and exchange rate volatility in Latin America

Includes bibliography

Investment and financial volatility in Latin America

Includes bibliography

International price volatility and economic policy challenges in Latin America and the Caribbean

Includes bibliography

Economic growth and real volatility: The case of Latin America and the Caribbean

Using a new database of quarterly data for 21 countries of Latin America and the Caribbean for the 1990-2012 period, this document shows that the duration of GDP contractions appears to be a rather robust indicator of real volatility, and is negatively correlated with long run growth in Latin America and the Caribbean during the period. These results are consistent with different theoretical hypotheses in the literature that relate the duration of GDP contractions with economic growth. They also show that the relationship between real volatility and economic growth in the region is robust to the inclusion of external variables that control for external uncertainty and volatility.