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Regional Monetary Cooperation in Latin America

Author

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  • José Antonio Ocampo

    (Asian Development Bank Institute (ADBI))

  • Daniel Titelman

Abstract

Latin American has the longest history of regional integration efforts in the developing world. This paper analyzes the experience of regional monetary cooperation in Latin America over the past three decades. This experience has been overall successful but also uneven, both in terms of country coverage and services provided. Although strictly not a form of monetary cooperation, development financing does play a useful complementary role by proving counter-cyclical or at least stable financing during crises, when private financing for developing countries dries up.

Suggested Citation

  • José Antonio Ocampo & Daniel Titelman, 2012. "Regional Monetary Cooperation in Latin America," Macroeconomics Working Papers 23324, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:macroe:23324
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    File URL: http://www.eaber.org/node/23324
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    References listed on IDEAS

    as
    1. Titelman Kardonsky, Daniel & Machinea, José Luis, 2007. "Less volatile growth?: the role of regional financial institutions," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
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    Cited by:

    1. repec:bla:glopol:v:8:y:2017:i:1:p:101-106 is not listed on IDEAS
    2. Titelman Kardonsky, Daniel & Vera, Cecilia & Carvallo, Pablo & Pérez Caldentey, Esteban, 2014. "A regional reserve fund for Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Manuel R. Agosin, 2013. "Un Fondo Monetario Latinoamericano: Dimensiones Requeridas y Modalidades," DOCUMENTOS DE DISCUSION FLAR 011017, FONDO LATINO AMERICANO DE RESERVAS - FLAR.

    More about this item

    Keywords

    Regional monetary cooperation; Monetary cooperation; Latin America; development financing;

    JEL classification:

    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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