This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financia

The paper documents the use of foreign exchange intervention (FXI) across countries and monetary regimes, with special attention to its use under inflation targ

A major, new, and comprehensive look at six decades of macroeconomic policies across the region What went wrong with the economic development of Latin America o

This book examines the current state of central banking in 44 developing countries. The authors analyse the banks' achievement in their primary objective of pri

In the wake of the 2008–09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered u