The Real Exchange Rate and Reserve Management: Latin America in the 1990s
Felipe Larraín
Chapter 10 in Can South and Southern Africa become Globally Competitive Economies?, 1996, pp 107-122 from Palgrave Macmillan
Abstract:
Abstract The ending of apartheid in South Africa has led to the start of a new era. The obstacles to integration into the world economy have been removed and the ability to take advantage of this opportunity depends mainly on what South and Southern Africans can do for themselves. The Latin American experience of the 1990s, with large capital inflows and appreciation of the currencies, offers some pertinent lessons.
Keywords: Exchange Rate; Monetary Policy; Real Exchange Rate; Exchange Rate Regime; Capital Inflow (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24972-5_11
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DOI: 10.1007/978-1-349-24972-5_11
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