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Latin America: Securing Our Future in a Global Economy by David de Ferranti, Guillermo E. Perry, Indermit S. Gill, Luis Servén With: Francisco H.G. Ferreira, Nadeem Ilahi, William F. Maloney, Martin Rama (2000)

This year's Worl Bank flagship report for the Latin American and Caribbean Region, Securing Our Future in a Global Economy, focuses on how governments and individuals cope with economic volatility. The report includes household panel data outlining family strategies to survive economic downturns, and develops policy recommendations that would enable governments to complement these strategies. The study finds that sound domestic macroeconomic policies, income security programs and private savings in strong financial institutions are key elements in strengthening the usually rational strategies employed by households to cope with recessions. The study's authors, a team of economists led by David de Ferranti and Guillermo Perry, respectively the Bank's Vice President and Chief Economist for Latin America and the Caribbean, proposes complementary approaches to insure and protect people's incomes and consumption against the risks of volatile global markets. -------------------------------------------------------------- All files are in PDF format and may be viewed with the free Acrobat Reader Download the complete report (1.5 MB) or download by chapter: Table of Contents and Acknowledgements (90K) Ch. 1: Opportunity and Risk in a Globalized Latin America and the Caribbean. (135K)                                                                     Also available in Spanish (200K) and Portuguese (200K) Ch. 2: Economic Insecurity in Latin America and the Caribbean: The Stylized Facts. (270K) Ch. 3: Designing Social Policy When People Face Risk: A Conceptual Framework (115K) Ch. 4: Macroeconomic Volatility in Latin America and the Caribbean: Causes and Remedies (283K) Ch. 5: The Response of LAC Households to Economic Shocks (185K) Ch. 6: Helping Workers Deal with the Risk of Unemployment (185K Ch. 7: Helping Poor Households Deal Better with Economic Crises (185K) Bibliography (82K) Order Securing Our Future in a Global Economy