IMF paper on leaning against the wind in Latin America


An International Monetary Fund paper, published on Monday, examines whether the use of countercyclical policy instruments in Latin America is effective in leaning against the wind.

The paper's authors – Gilbert Terrier, Rodrigo Valdés, Camilo Tovar, Jorge Chan-Lau, Carlos Fernández-Valdovinos, Mercedes García-Escribano, Carlos Medeiros, Man-Keung Tang, Mercedes Vera Martin and Chris Walker – review policy tools that have been used and/or are available for policymakers in the region to lean

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