Centre for the Study of Emerging Markets: Economic and Financial Developments in Latin America by Sima Motamen-Samadian PDF, TXT, DJV
9781403991584 1403991588 This book evaluates the economic effect of monetary policies and exchange rate arrangements within Latin America. Using theoretical and empirical studies, the text examines pertinent issues in Argentina, Mexico and Brazil, including the role of currency board, inflation targeting and international prudential regulation in banking crisis reduction., This book provides a collection of seven studies on Latin American countries, with a focus on Argentina, Mexico and Brazil. The studies assess the successes as well as the shortcomings of monetary and foreign exchange policies that have been introduced in the three countries. They include an analytical assessment of the role of the currency board in Argentina, a model of monetary policy in the case of Mexico and the problems that it might cause for the private sector, an examination of the role of inflation-targeting in Mexico and Brazil and the systemic risks it might generate when combined with a floating exchange-rate regime. The other studies include an assessment of the importance of commitment credibility and state capacity in attracting FDI, an examination of the role of international prudential regulation in reducing banking crisis, a model of bank disappearance for Mexico, and an analysis of the relationship between foreign exchange rate regime and vulnerability of companies' foreign activity. Book jacket.
9781403991584 1403991588 This book evaluates the economic effect of monetary policies and exchange rate arrangements within Latin America. Using theoretical and empirical studies, the text examines pertinent issues in Argentina, Mexico and Brazil, including the role of currency board, inflation targeting and international prudential regulation in banking crisis reduction., This book provides a collection of seven studies on Latin American countries, with a focus on Argentina, Mexico and Brazil. The studies assess the successes as well as the shortcomings of monetary and foreign exchange policies that have been introduced in the three countries. They include an analytical assessment of the role of the currency board in Argentina, a model of monetary policy in the case of Mexico and the problems that it might cause for the private sector, an examination of the role of inflation-targeting in Mexico and Brazil and the systemic risks it might generate when combined with a floating exchange-rate regime. The other studies include an assessment of the importance of commitment credibility and state capacity in attracting FDI, an examination of the role of international prudential regulation in reducing banking crisis, a model of bank disappearance for Mexico, and an analysis of the relationship between foreign exchange rate regime and vulnerability of companies' foreign activity. Book jacket.