Regional Governance and Macroeconomic Crisis Management in Latin America

Maria Antonieta Del Tedesco Lins () and Andrea Ribeiro Hoffmann ()
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Maria Antonieta Del Tedesco Lins: University of São Paulo (USP)
Andrea Ribeiro Hoffmann: Pontifical Catholic University of Rio de Janeiro (PUC-Rio)

Chapter Chapter 7 in Financial Crisis Management and Democracy, 2021, pp 135-142 from Springer

Abstract: Abstract This chapter analyses the governance institutions in Latin America, i.e. norms, instruments and mechanisms designed to deal with macroeconomic and financial crisis management, and their use during the financial crisis which started in 2008 in the USA and reached the region mostly towards the mid-2010s. It argues that Latin American regional institutions never prioritized the harmonization or the development of common macroeconomic policies or mechanisms to deal with financial crises, and the few multilateral initiatives created were not successful.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-54895-7_7

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DOI: 10.1007/978-3-030-54895-7_7

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