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 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.

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Year of publication:	2009-08-04
Authors:	Hofstetter, Marc
Institutions:	UNIVERSIDAD DE LOS ANDES-CEDE
Subject:	Monetary Union \| Inflation Targeting \| Latin America \| Monetary Policy

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Series:	DOCUMENTOS CEDE.
Type of publication:	Book / Working Paper
Language:	English
Notes:	3 pages long
Classification:	E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008528463