Western Hemisphere

Western Hemisphere Regional Economic Outlook 2006 Midyear Update

April 2006

World Economic and Financial Surveys

This provides a midyear update on recent economic developments and prospects for countries in the region. The update describes policy developments that have helped underpin the region's recent favorable economic performance and also discusses the key challenges that policymakers will face in managing vulnerabilities, fostering growth and poverty reduction, while maintaining macroeconomic stability.

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Contents

Chapter I. the Global Economy and Outlook for the United States and Canada
  A. The Global Context
  B. The Outlook for the United States and Canada
  C. Global Risks
 
Chapter II. Latin America and the Caribbean (LAC)
  A. Recent Developments
  B. The Outlook
  C. Risks
  D. Policy Challenges and Priorities
 
Boxes
  1. Recent Debt Management Operations in Latin America
  2. Declining Spreads and the Improving Valuation of Argentina's GDP Warrants
  3. Oil Sector Developments and Challenges in the LAC Region
  4. Macroeconomic Stability and the Electoral Calendar
 
Main Economic Indicators
 
References