Abstract

NUDELSMAN, Susana. The Implications of the Global Financial and Economic Crisis in Latin America. Prob. Des [online]. 2013, vol.44, n.175, pp.125-146. ISSN 0301-7036.

The nucleus of the recent global crisis revolves around the interaction of global imbalances and financial deregulation. This relationship arose in the framework of the highest level of economic interdependence the world has seen. Beyond considering whether Latin American ability to absorb the external shock was the product of better economic fundamentals, the favorable external context, or a combination thereof, in this case, the economies of the region managed to avoid systemic financial collapse. The current global economic panorama is complex and the variety of possible scenarios diverse and Latin American economies provide examples of both strengths and weaknesses. The challenge for these nations will be to consolidate their recent achievements and ensure sustainable economic growth.

Keywords : globalization; financial crisis and international economic; Latin American economics.

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