Inflation targeting in Latin America : toward a Monetary Union?
In recent years, five of the main economies in Latin America -Brazil, Chile, Mexico, Colombia and Peru- have adopted Inflation Targeting regimes. In the context of these converging monetary strategies, would the IT nations in the region be better off adopting a common currency? Would they be better...
- Autores:
-
Hofstetter Gascón, Marc - 1973
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2009
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/8121
- Acceso en línea:
- http://hdl.handle.net/1992/8121
- Palabra clave:
- Monetary union
Inflation targeting
Latin America
Monetary policy
Inflación - América Latina
Política monetaria - América Latina
Acuerdos económicos - América Latina
E31, E32, E42, E58
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
Summary: | In recent years, five of the main economies in Latin America -Brazil, Chile, Mexico, Colombia and Peru- have adopted Inflation Targeting regimes. In the context of these converging monetary strategies, would the IT nations in the region be better off adopting a common currency? Would they be better off if they dollarize? Would a common currency be a better alternative than dollarization? The answers to these questions are yes, yes and maybe. |
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