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Volatility and crisis in Latin America and the Caribbean: The empirical evidence

This chapter analyses the available empirical evidence on real macroeconomic volatility in Latin America and the Caribbean in order to provide an updated picture of the related phenomena and of the constraints and opportunities for the design and application of effective policies to reduce that volatility. To that end, the chapter begins by setting out a conceptual framework in order to construct and interpret the stylized facts to be described and analysed later.

Related Subject(s): Economic and Social Development
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