Regional Monetary Cooperation in Latin America

Jose Antonio Ocampo and Daniel Titelman
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Daniel Titelman: Asian Development Bank Institute

No 373, ADBI Working Papers from Asian Development Bank Institute

Abstract: 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.

Keywords: regional monetary cooperation; latin america; regional integration; development financing (search for similar items in EconPapers)
JEL-codes: O23 O54 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2012-08-13
New Economics Papers: this item is included in nep-his, nep-lam, nep-mon and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Working Paper: Regional Monetary Cooperation in Latin America (2012)
Working Paper: Regional Monetary Cooperation in Latin America (2012)
Working Paper: Regional Monetary Cooperation in Latin America (2012)
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