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Regional Monetary Cooperation in Latin America

  • José Antonio Ocampo

    (Asian Development Bank Institute (ADBI))

  • Daniel Titelman
Registered author(s):

    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.

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    File URL: http://www.eaber.org/node/23324
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    Paper provided by East Asian Bureau of Economic Research in its series Macroeconomics Working Papers with number 23324.

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    Date of creation: Aug 2012
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    Handle: RePEc:eab:macroe:23324
    Contact details of provider: Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
    Web page: http://www.eaber.org

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