The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment?
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 flex...
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| Формат: | article |
| Язык: | eng |
| Опубликовано: |
2015
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| Online-ссылка: | http://hdl.handle.net/10469/8267 |
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| author | Palacios, Luisa |
| author_facet | Palacios, Luisa |
| author_role | author |
| collection | Repositorio Facultad Latinoamericana de Ciencias Sociales |
| dc.creator.none.fl_str_mv | Palacios, Luisa |
| dc.date.none.fl_str_mv | 2015 2016-04-12T19:35:08Z 2016-04-12T19:35:08Z |
| dc.format.none.fl_str_mv | 28-31 application/pdf |
| dc.identifier.none.fl_str_mv | 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. http://hdl.handle.net/10469/8267 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Cambridge. MA, Estados Unidos : Harvard University. |
| dc.rights.none.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | reponame:Repositorio Facultad Latinoamericana de Ciencias Sociales instname:Facultad Latinoamericana de Ciencias Sociales instacron:FLACSO |
| dc.title.none.fl_str_mv | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| 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. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | FLACSO_dde14669b76201e779ae97f004cbd63b |
| identifier_str_mv | 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. |
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| language | eng |
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| publishDate | 2015 |
| publisher.none.fl_str_mv | Cambridge. MA, Estados Unidos : Harvard University. |
| reponame_str | Repositorio Facultad Latinoamericana de Ciencias Sociales |
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| spelling | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment?Palacios, LuisaInternational 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.Cambridge. MA, Estados Unidos : Harvard University.20152016-04-12T19:35:08Z2016-04-12T19:35:08Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article28-31application/pdfPalacios, 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.http://hdl.handle.net/10469/8267enginfo:eu-repo/semantics/openAccessreponame:Repositorio Facultad Latinoamericana de Ciencias Socialesinstname:Facultad Latinoamericana de Ciencias Socialesinstacron:FLACSO2018-09-13T11:35:39Zoai:repositorio.flacsoandes.edu.ec:10469/8267Institucionalhttps://repositorio.flacsoandes.edu.ec/Institución privadahttps://www.flacso.edu.ec/https://repositorio.flacsoandes.edu.ec/oai.Ecuador...opendoar:15572018-09-13T11:35:39Repositorio Facultad Latinoamericana de Ciencias Sociales - Facultad Latinoamericana de Ciencias Socialesfalse |
| spellingShingle | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? Palacios, Luisa |
| status_str | publishedVersion |
| title | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| title_full | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| title_fullStr | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| title_full_unstemmed | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| title_short | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| title_sort | The Impact of Falling Oil Prices: Is Latin America Part of Global Oil Supply Adjustment? |
| url | http://hdl.handle.net/10469/8267 |