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...

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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/
Description
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.