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Inflation Targeting in Latin America: Toward a Monetary Union?
Abstract
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 o adopting a common currency? Would they be better o if they dollarize? Would a common currency be a better alternative than dollarization? The answers to these questions are yes, yes and maybe.
Autores:
Hofstetter, Marc.
Palabras clave:
Inflation Targeting, Latin America, Monetary Policy, Monetary Union
Archivo:
Año:
2009
Mes:
Agosto
Número:
17