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Record Nr. |
UNINA9910136708303321 |
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Autore |
Carriere-Swallow Yan |
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Titolo |
Central Banking in Latin America : : The Way Forward / / Yan Carriere-Swallow, Luis Jácome, Nicolas Magud, Alejandro Werner |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2016 |
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ISBN |
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Descrizione fisica |
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1 online resource (44 pages) : illustrations, tables |
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Collana |
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Altri autori (Persone) |
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JácomeLuis |
MagudNicolas |
WernerAlejandro |
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Disciplina |
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Soggetti |
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Banks and banking, Central - Latin America |
Banks and Banking |
Finance: General |
Foreign Exchange |
Inflation |
Central Banks and Their Policies |
Price Level |
Deflation |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
General Financial Markets: Government Policy and Regulation |
Currency |
Foreign exchange |
Macroeconomics |
Banking |
Finance |
Foreign exchange intervention |
Exchange rates |
Financial sector stability |
Prices |
Financial sector policy and analysis |
Central bank autonomy |
Central banks |
Banks and banking |
Financial services industry |
Chile |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di bibliografia |
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Includes bibliographical references. |
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Sommario/riassunto |
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Latin America’s central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high and volatile, achieving durable price stability will require making central banks more independent. Where inflation targeting regimes are well-established, remaining challenges surround assessments of economic slack, the communication of monetary policy, and clarifying the role of the exchange rate. Finally, macroprudential policies must be coordinated with existing objectives, and care taken to preserve the primacy of price stability. |
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