The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment?

dc.creator	Palacios, Luisa
dc.date	2015
dc.date.accessioned	2016-04-12T19:35:08Z
dc.date.available	2016-04-12T19:35:08Z
dc.identifier.citation	Palacios, Luisa. 2015. The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment?. Revista Harvard Review of Latin America, fall 2015 15(1) : 28-31.	es_ES
dc.identifier.uri	http://hdl.handle.net/10469/8267
dc.description	International oil prices have declined by 40% recently. Some of the region’s oil producers have been better than others at adjusting to this reality. In more market- oriented countries like Colombia and Mexico, the collapse of oil prices has not translated into a full-blown crisis thanks to the flexibility of their policy frameworks. In these countries, their floating foreign exchange rate regimes are doing the work of helping their economies deal with the external and fiscal adjustment that such collapse in oil prices entails. But in those countries like Venezuela that are unable or unwilling to adjust, the oil price collapse is significantly deteriorating their dollar liquidity situation and leading to a serious macroeconomic crisis.	es_ES
dc.format	28-31	es_ES
dc.language	eng	es_ES
dc.publisher	Cambridge. MA, Estados Unidos : Harvard University.	es_ES
dc.title	The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment?	es_ES
dc.type	article	es_ES
dc.tipo.spa	Artículo	es_ES