ECONOMIC SURVEY OF LATIN AMERICA AND THE CARIBBEAN 2014: CHALLENGES TO SUSTAINABLE GROWTH IN A NEW EXTERNAL CONTEXT. Published by the UN Economic Commission for Latin America and the Caribbean (February 2015). The latest edition of this publication examines the slower regional growth, increased government consumption, and increased net contribution of exports in 2014 in comparison to the previous year. For more information, please refer to the UN Publications website.
ON THE FIRST-ROUND EFFECTS OF INTERNATIONAL FOOD PRICE SHOCKS; THE ROLE OF THE ASSET MARKET STRUCTURE. By Rafael Portillo and Luis-Felipe Zana for the International Monetary Fund (23 February 2015). This working paper examines the effects of international food price shocks in developing countries, with findings that the authors say do not support the view of international food price shocks as innately inflationary in developing countries. The full paper may be accessed here.
INVESTMENT IN THE EURO AREA: WHY HAS IT BEEN WEAK? By Bergljot Barkbu, Pelin Berkmen, Pavel Lukyantsau, Sergejs Saksonovs, and Hanni Schoelermann for the International Monetary Fund (19 February, 2015). This working paper argues that the euro area has not yet regained pre-crisis levels of investment as a result of output dynamics, high capital costs, financial constraints, corporate leverage, and uncertainty. It predicts that with a stronger recovery and less uncertainty, investment will increase despite reductions in potential investment caused by financial fragmentation and high corporate leverage. The full paper may be accessed here.
NATIONAL TRADE FACILITATION BODIES IN THE WORLD. Published by the UN Conference on Trade and Development (February 2015). This updated publication analyses 50 trade facilitation bodies and provides recommendations and conclusions for countries wishing to strengthen their national trade facilitation working groups. The full report is available here.