Central Banking in Latin America.
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| Format: | Licensed eBooks |
| Language: | English |
| Published: |
International Monetary Fund,
2016.
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| Online Access: | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1388138 |
Table of Contents:
- Cover; Contents; I. Introduction; II. Defeating Inflation-Achievements and Reversals; Central bank reform; Measuring central bank independence in Latin America; A new polic yframework; Achieving low and stable inflation and some reversals; III. Making Inflation Targeting More Effective; Improving assessments of economic slack and the policy stance; Strengthening nominal anchors; IV. Revisiting the Role of the Exchange Rate; Monetary policy following large external shocks; Forex intervention and international reserves; Why do countries intervene in foreign exchange markets?
- How do central banks intervene?What have the effects of intervention been?; Challenges for foreign exchange interventions: transparency is key; V. Central Banks and S ystemic Financial Stability; Macroprudential Policy in Latin America: The State of Play; The Challenge of Establishing an Effective and Balanced Macroprudential Policy Function; VI. Concluding Remarks; References; Appendix. Some empirical evidence on foreign exchange interventions.