This book analyzes the political economy of exchange rate policy in Latin America. It brings together the work of economists and political scientists interested in the interaction of economic and political factors in the development of exchange rate policy.

This paper explores the impact of political economy factors on exchange rate policy in Latin America. It studies the determinants of the choice of exchange rate regime in Latin America, placing special emphasis on political, institutional and interest group explanations. The presumption is that...

Exchange rates have been central to the course of economic development in Latin America for decades. From the heyday of import substitution in the 1960s to the rapid expansion of foreign debt in the 1970s, from the debt crisis and its troubled aftermath in the 1980s to the rekindling of growth...

This paper looks into the political economy forces that helped shape exchange rate policy in Colombia since the early 1960s. As witnessed by the remarkable longevity of the managed crawl, Colombian exchange rate policies since 1967 did not take the form of major regime changes. Policy shifts...

What determines the capacity of countries to design, approve and implement effective public policies? To address this question, this book builds on the results of case studies of political institutions, policymaking processes, and policy outcomes in eight Latin American countries. The result is...

¿Qué determina la capacidad de los países para diseñar, aprobar e implementar políticas públicas efectivas? Para abordar esta pregunta, este libro analiza el proceso de formulación de políticas en ocho países latinoamericanos en base a una metodología común con fundamentos en la...

¿Qué determina la capacidad de los países para diseñar, aprobar e implementar políticas públicas efectivas? Para abordar esta pregunta, este libro analiza el proceso de formulación de políticas en ocho países latinoamericanos en base a una metodología común con fundamentos en la...

What determines the capacity of countries to design, approve and implement effective public policies? To address this question, this book builds on the results of case studies of political institutions, policymaking processes, and policy outcomes in eight Latin American countries. The result is...

Como parte de un ambicioso programa de reformas iniciado con la reducción unilateral de aranceles en 1989, durante lo corrido de los noventa en Colombia se adoptaron medidas tendientes a redefinir la estructura y funcionamiento del sistema financiero. Así, se facilitó la entrada de nuevos...

Como parte de un ambicioso programa de reformas iniciado con la reducción unilateral de aranceles en 1989, durante lo corrido de los noventa en Colombia se adoptaron medidas tendientes a redefinir la estructura y funcionamiento del sistema financiero. Así, se facilitó la entrada de nuevos...