1. Introduction -- 2. Costs and benefits of capital account liberalization for developing countries : theoretical and empirical evaluation -- 3. Financial liberalization and economic policy in Brazil in 1990-2009 -- 4. Recent changes in capital controls and foreign exchange rules in Brazil -- 5....

"Responding to global events, including the international financial crisis (IFC) and the COVID-19 pandemic, central banks and the monetary regimes in many Latin American countries responded with actions to mitigate the worst impacts. The authors in this book focus on the recent trends of...

This book discusses the future of MERCOSUR, focusing on monetary union and macroeconomic policy co-ordination, and addresses a number of important questions including: is it possible, or even desirable, to achieve monetary integration?; what would the pre-conditions be for establishing such a...