Regional Monetary Cooperation in Latin America
Ocampo, José Antonio; Titelman, Daniel | January 2012
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.
Citation
Ocampo, José Antonio; Titelman, Daniel. 2012. Regional Monetary Cooperation in Latin America. © Asian Development Bank Institute. http://hdl.handle.net/11540/1135. License: CC BY-NC-ND 3.0 IGO.Keywords
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
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Citable URI
http://hdl.handle.net/11540/1135Metadata
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