Inflation Experiences in Latin America, 2007-2008

CEPR

This 14-page US paper examines the recent inflation experiences of ten Latin American countries. It concludes that macroeconomic policy that does not take into account the temporary nature of these price shocks may result in an unnecessary slowing of growth, with reduced output and employment

Mark Weisbrot, David Rosnick

Economic Policy Posted: 2009-02-12