Exchange Rate Politics in Latin America

By Riordan Roett

Most of the analysis of Latin American exchange rate problems and policies has concentrated on the economic side of things. This volume instead examines the politics of exchange rate management in four nations that had very different approaches and results. Although the Mexican peso crash, Brazil's currency crisis, Argentina's maintenance of a currency board, and Venezuelan policy responses to the shocks of 1997-98 have had major international financial ramifications, the origins and outcomes of these dramatic events have yet to be analyzed in a single volume. The contributors tie these policy episodes together using solid comparative analysis, in order to better inform the policy debate on these issues.

• Format: Paperback
• Language: English
• ISBN: 0815794878
• ISBN13: 9780815794875
• Release Date: October 2000
• Publisher: Brookings Institution Press
• Length: 190 Pages
• Weight: 0.58 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"

Customer Reviews

Excellent analysis of the exchange rate problems

Exchange rate policy is one of Latin America's most importante, and most complex, issues. From currency crises to dollarization, the topic has been economically crucial and politically controversial. This book provides an excellent analysis of the exchange rate problems and experiences of Latin American governments. With both general overviews and country case studies, the volumen bring a wealth of theoretical and empirical knowledge to bear on an increasingly important policy area.