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The Historical Evolution of Monetary Policy in Latin America


The Historical Evolution of Monetary Policy in Latin America

The countercyclical aspect of monetary policy marks the beginning of modern central banking in Latin America. During this phase, some central banks also pursued ...

The Historical Evolution of Monetary Policy in Latin America

"Recent monetary policy in Latin America has evolved in five different phases. The first one revolves around the monetary doctoring missions, mainly but not ...

The Monetary and Fiscal History of Latin America: Landing

The Monetary and Fiscal History of Latin America Project was launched in 2013 to analyze economic data from the ten largest countries of South America plus ...

Chapter 2. A Historical Perspective on Central Banking in Latin ...

The first central banks in Latin America were founded in the 1920s. The institutional basis for monetary policy reflected the rules of the gold standard ...

Lessons from the Monetary and Fiscal History of Latin America

Seven of our eleven countries have learned the lesson and have run conservative fiscal policy for more than a decade. This decision has allowed ...

A Monetary and Fiscal History of Latin America, 1960–2017 on JSTOR

The Monetary and Fiscal History of Latin America (MFH) project has collected and organized systematic evidence consisting of comparable data sets from these ...

Central Bank Independence and Inflation in Latin America ...

In the context of a new international monetary order defined by the Bretton Woods agreement, and the adoption of an inward-oriented development ...

Patterns of Monetary Policy in Latin America - jstor

On the other hand, however, since there are Latin. American countries with a tradition of price-level and currency stability alongside others with a history of ...

Monetary Policy and Financial Stability in Latin America and the ...

Page 1. Monetary Policy and Financial Stability in Latin America and the ... the beginning of the second half of 2011. The portfolio is mostly backed ...

The evolution of monetary policy in Latin American economies

This paper investigates the forward-lookingness of monetary policy related to stabilising inflation over time under different degrees of central bank ...

Central banking in the Americas: Lessons from two decades

financial, credit and exchange policies before the beginning of each financial year. ... Monetary policy in Latin America has undergone an ...

Monetary policy in Latin America - YouTube

Latin America's central banks acted promptly and decisively to contain the consequences of the global inflation shock, as described in the ...

A Monetary Policy for Latin America - Duke University Press

Monetary policy is taken to include fiscal techniques and concern with wages as well as choices with respect to domestic credit and exchange rates. The ...

A Monetary and Fiscal History of Latin America, 1960 – 2017

In A Monetary and Fiscal History of Latin America, 1960–2017 (2021), editors Timothy J. Kehoe and Juan Pablo Nicolini bring together leading ...

Economic cycle in Latin America marked by fast-acting central banks

It's all a stark contrast to the 1980s, a so-called “lost decade” of development when Latin America was hit hard by the interest rate hikes led ...

Latin American Debt Crisis of the 1980s - Federal Reserve History

During the 1970s, two large oil price shocks created current account deficits in many Latin American countries. At the same time, these shocks created current ...

A Concise History of Exchange Rate Regimes in Latin America

During the 1950s and 1960s, the international monetary system followed the Bretton Woods rules, which established that countries had to maintain fixed exchange ...

Lessons from the Monetary and Fiscal History of Latin America

Studying the modern economic histories of eleven of the largest countries in Latin America teaches us that a lack of fiscal discipline has ...

A Framework for Studying the Monetary and Fiscal History of Latin ...

The coincidence over time between these dramatic policy decisions, macroeconomic instability, and the economic decadence of Latin America makes its recent ...

Lessons from 20 years of central banking in the Americas

Kehoe, T J and J P Nicolini, eds (2021) A monetary and fiscal history of Latin America, ... The evolution of monetary policy at the Bank of Canada ...