04132oam 22010694 450 991013670830332120230808200056.01-4755-4336-0(CKB)3710000000907182(MiAaPQ)EBC4723284(IMF)WPIEA2016197(EXLCZ)99371000000090718220020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierCentral Banking in Latin America : The Way Forward /Yan Carriere-Swallow, Luis Jácome, Nicolas Magud, Alejandro WernerWashington, D.C. :International Monetary Fund,2016.1 online resource (44 pages) illustrations, tablesIMF Working Papers1-4755-4335-2 1-4755-4345-X Includes bibliographical references.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.IMF Working Papers; Working Paper ;No. 2016/197Banks and banking, CentralLatin AmericaBanks and BankingimfFinance: GeneralimfForeign ExchangeimfInflationimfCentral Banks and Their PoliciesimfPrice LevelimfDeflationimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfGeneral Financial Markets: Government Policy and RegulationimfCurrencyimfForeign exchangeimfMacroeconomicsimfBankingimfFinanceimfForeign exchange interventionimfExchange ratesimfFinancial sector stabilityimfPricesimfFinancial sector policy and analysisimfCentral bank autonomyimfCentral banksimfBanks and bankingimfFinancial services industryimfChileimfBanks and banking, CentralBanks and BankingFinance: GeneralForeign ExchangeInflationCentral Banks and Their PoliciesPrice LevelDeflationBanksDepository InstitutionsMicro Finance InstitutionsMortgagesGeneral Financial Markets: Government Policy and RegulationCurrencyForeign exchangeMacroeconomicsBankingFinanceForeign exchange interventionExchange ratesFinancial sector stabilityPricesFinancial sector policy and analysisCentral bank autonomyCentral banksBanks and bankingFinancial services industry332.11Carriere-Swallow Yan1450031Jácome Luis1450030Magud Nicolas1207017Werner Alejandro1451038DcWaIMFBOOK9910136708303321Central Banking in Latin America3650844UNINA