* US fiscal cliff, euro zone woes potential risks for region
* IMF's Lagarde cites macro prudential policies for
* Lagarde doesn't see hard landing in China
SANTIAGO, Dec 13 Inadequate tackling of the U.S.
fiscal cliff, an acceleration of the euro zone debt crisis and
volatility in commodity prices are potential risks for
export-dependent Latin America, the head of the International
Monetary Fund said on Thursday.
The region has been bolstered by exports to
commodities-hungry China, where the IMF's managing director
Christine Lagarde said she doesn't anticipate a "hard landing."
Macro prudential policies can help commodities-exporting
countries, Lagarde added during a talk with students at the
Universidad de Chile in Santiago.
Negotiations on the "fiscal cliff" in the United States were
expected to continue on Thursday. Sharp differences remained
between congressional Republicans and the White House in talks
to avert the cliff, and negotiators warned the showdown could
drag on past Christmas.
In China, new loans and money supply came in below
expectations in November while the pace of overall financing
eased, adding to signs that a recovery in the world No.2 economy
will be tepid and uneven even as global demand remains weak.