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A Concise History of Exchange Rate Regimes in Latin America

  • Roberto Frankel
  • Martín Rapetti

This paper analyzes the experience of the major Latin American countries including Argentina, Brazil, Mexico, Colombia, Chile, Peru and others in the post-World-War period, up to the crisis caused by the collapse of the U.S. housing bubble. The authors provide a detailed historical analysis that takes into account the most important economic events that helped determine exchange rate policy, and evaluates the strengths and weaknesses of the various exchange rate regimes, and their impact on outcomes including economic growth and inflation.

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Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2010-11.

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Length: 54 pages
Date of creation: Apr 2010
Date of revision:
Handle: RePEc:epo:papers:2010-11
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