An Evaluation of Monetary Regime Options for Latin America

An Evaluation of Monetary Regime Options for Latin America
We assess monetary regime options for Latin American countries. The costs of a common currency are likely to outweigh its benefits, as those countries face diverse economic shocks, do not trade much with each other, and are affected by common international financial shocks only to the same extent as the average pair of emerging markets.... READ MORE...

Publication date: December 2002
ISBN 9781451874853
$15.00

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