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Policy space and the changing paradigm in conducting macroeconomic policies in developing countries

In: New financing trends in Latin America: a bumpy road towards stability

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  • José Antonio Ocampo

    (United Nations)

  • Rob Vos

    (United Nations)

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    This chapter was published in:

  • Bank for International Settlements & Federal Reserve Bank of Atlanta, 2008. "New financing trends in Latin America: a bumpy road towards stability," BIS Papers, Bank for International Settlements, Bank for International Settlements, number 36, 8.
    This item is provided by Bank for International Settlements in its series BIS Papers chapters with number 36-03.

    Handle: RePEc:bis:bisbpc:36-03

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Garey Ramey & Valerie A. Ramey, 1994. "Cross-Country Evidence on the Link Between Volatility and Growth," NBER Working Papers 4959, National Bureau of Economic Research, Inc.
    2. Francisco Rodriguez, 2007. "Have Collapses in Infrastructure Spending led to Cross-Country Divergence in Per Capita GDP?," Working Papers, United Nations, Department of Economics and Social Affairs 52, United Nations, Department of Economics and Social Affairs.
    3. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2005. "Growth and Volatility in an Era of Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 31-63.
    4. M. Ayhan Kose & Kenneth Rogoff & Eswar Prasad & Shang-Jin Wei, 2003. "Effects of Financial Globalization on Developing Countries," IMF Occasional Papers 220, International Monetary Fund.
    5. Ricardo Gottschalk, 2005. "The Macro Content of PRSPs: Assessing the Need for a More Flexible Macroeconomic Policy Framework," Development Policy Review, Overseas Development Institute, vol. 23(4), pages 419-442, 07.
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    Cited by:
    1. Bank for International Settlements, 2008. "Monetary and financial stability implications of capital flows in Latin America and the Caribbean," BIS Papers, Bank for International Settlements, Bank for International Settlements, number 43, 8.
    2. Poomjai Nacaskul & Kritchaya Janjaroen & Suparit Suwanik, 2012. "Economic Rationales for Central Banking: Historical Evolution, Policy Space, Institutional Integrity, and Paradigm Challenges," Working Papers, Economic Research Department, Bank of Thailand 2012-04, Economic Research Department, Bank of Thailand.
    3. Metin Ozdemir & Selim Tuzunturk, 2009. "Is price stability enough? Macroeconomic performance of inflation targeting in developing countries," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, Inderscience Enterprises Ltd, vol. 1(4), pages 352-372.

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