Central Banking in Latin America : The Way Forward /

Latin America's central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Carriere-Swallow, Yan
Weitere Verfasser: Jacome H., Luis I., Magud, Nicolas, Werner, Alejandro
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/197
Online Zugang:Full text available on IMF
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100 1 |a Carriere-Swallow, Yan. 
245 1 0 |a Central Banking in Latin America :   |b The Way Forward /  |c Yan Carriere-Swallow, Luis I. Jacome H., Nicolas Magud, Alejandro Werner. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (43 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Latin America's central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high and volatile, achieving durable price stability will require making central banks more independent. Where inflation targeting regimes are well-established, remaining challenges surround assessments of economic slack, the communication of monetary policy, and clarifying the role of the exchange rate. Finally, macroprudential policies must be coordinated with existing objectives, and care taken to preserve the primacy of price stability. 
538 |a Mode of access: Internet 
700 1 |a Jacome H., Luis I. 
700 1 |a Magud, Nicolas. 
700 1 |a Werner, Alejandro. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/197 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2016/197/001.2016.issue-197-en.xml  |z IMF e-Library