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Central Banks and Monetary Regimes in Emerging Countries

Theoretical and Empirical Analysis of Latin America

9781802203974 Edward Elgar Publishing
Edited by Fernando Ferrari-Filho, Full Professor of Economics, Department of Economics and International Relations, Federal University of Rio Grande do Sul, Porto Alegre, and Researcher, National Council for Technological and Scientific Development (CNPq), Brasília, Brazil and Luiz Fernando de Paula, Professor of Economics, Federal University of Rio de Janeiro, Rio de Janeiro, and Researcher, CNPq, Brasília, and Rio de Janeiro Research Foundation (FAPERJ), Rio de Janeiro, Brazil
Publication Date: January 2023 ISBN: 978 1 80220 397 4 Extent: c 216 pp
This book focuses on the recent trends of monetary policy in Latin America. It analyzes how the actions of central banks and the monetary regimes of some Latin American countries have affected the economic performance of these countries, mainly in response to the international financial crisis (IFC) and COVID-19 crisis.

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Responding to global events, including the international financial crisis (IFC) and the COVID-19 pandemic, central banks and the monetary regimes in many Latin American countries responded with actions to mitigate the worst impacts. The authors in this book focus on the recent trends of monetary policy in Latin America and analyze how the actions that were taken have affected the economic performance of these countries.

The book is composed of 11 chapters that analyze, theoretically and empirically, the central banks’ actions and the monetary regimes of the following countries: Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay. As most of these states implemented inflation-targeting regimes in the 1990s and 2000s, a special focus will be given on these experiences and how central banks dealt with the IFC and COVID-19 crises.

Academic researchers and students of economics will find a wealth of knowledge contained in these chapters, as will anyone looking for a better understanding of the economy of this important region.
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