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Regional integration and the issue of choosing an appropriate exchange-rate regime in Latin America

By:

Escaith, Hubert

Material type: Text

TextPublication details: ECLAC SantiagoCL 2002Description: 50 pAction note:

3/31/03 JOYD

Summary: Contends that some subregional cooperative modus operandi could offer both an intermediate and more coherent option for Latin America and Caribbean exchange-rate regimes, and the missing link for a concrete institution-building process on which macroeconomic sustainability could be founded. Presents an alternative to the corner solutions of obtaining credibility and flexibility (at the same time).

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Contends that some subregional cooperative modus operandi could offer both an intermediate and more coherent option for Latin America and Caribbean exchange-rate regimes, and the missing link for a concrete institution-building process on which macroeconomic sustainability could be founded. Presents an alternative to the corner solutions of obtaining credibility and flexibility (at the same time).