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.
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