00953nam a2200109Ia 4500080001900000245012100019260002500140300001400165520061700179583002200796650002500818 a01.02.01 U5816 aRegional monetary cooperation and growth-enhancing policies : the new challenges for Latin America and the Caribbean bUNaNew YorkUSc2011 aix, 71 p. aReviews the SUCRE initiative, proposal launched by the members of ALBA (Bolivia, Cuba, Ecuador, Honduras, Nicaragua and Venezuela), aimed at offering members a virual currency, to progressively replace the US dollar as the invoicing currency of intra-regional trade and permitting the use of domestic currencies of the member countries for final clearing and settlement. Concludes that this proposal should be accompanied by more intense efforts of policy coordination, particularly with respect to exchange and interest rates, in order to achieve the expected outcomes in terms of trade, growth and employment. c10/20/11kEVELYND aECONOMIC COOPERATION