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The latin-american monetary system after the end of inflation

Author

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  • José Tavares de Araújo Jr.

Abstract

This paper discusses three interdependent topics. The first is that the economicreforms implemented in Latin America after the mid-1980s were not sufficient to ensureexchange rate stability in the region. The second is that there are favorable conditions tostart the process of macroeconomic convergence between Latin American countries. Thethird topic refers to the strategic role to be played by Argentina, Brazil, Canada, and Mexicoas reducing the degree of asymmetry generated by the presence of the American economy. JEL Classification: O43; F31; E58.

Suggested Citation

  • José Tavares de Araújo Jr., 1994. "The latin-american monetary system after the end of inflation," Brazilian Journal of Political Economy, Center of Political Economy, vol. 14(4), pages 632-642.
  • Handle: RePEc:ekm:repojs:v:14:y:1994:i:4:p:632-642:id:1308
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    More about this item

    Keywords

    Economic growth; Exchange rate regime; central bank;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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