The latin-american monetary system after the end of inflation

José Tavares de Araújo ()

Brazilian Journal of Political Economy, 1994, vol. 14, issue 4, 632-642

Abstract: This paper discusses three interdependent topics. The first is that the economicreforms implemented in Latin America after the mid-1980s were not sufficient to ensureexchange rate stability in the region. The second is that there are favorable conditions tostart the process of macroeconomic convergence between Latin American countries. Thethird topic refers to the strategic role to be played by Argentina, Brazil, Canada, and Mexicoas reducing the degree of asymmetry generated by the presence of the American economy. JEL Classification: O43; F31; E58.

Keywords: Economic growth; Exchange rate regime; central bank (search for similar items in EconPapers)
Date: 1994
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