Author: Vitor Gaspar
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334

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Book Description

Author: Luis Miotti
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
Although Latin America's indisputable reference currency is the U.S. dollar, many of the countries in the region have economic ties with European countries. The creation and introduction of the euro in 1999 marked the beginning of a new era in international monetary and financial relations, although it is still difficult to draw any definitive conclusions regarding its scope and its implications for Latin America. This study evaluates the internationalisation of the euro and its likely effects on the international monetary system, as well as on the development of relations between Europe and Latin America, including trade and financial flows.

Author: Dorte Verner
Publisher: World Bank Publications
ISBN: 9780821346204
Category : Political Science
Languages : en
Pages : 44

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Book Description
"Trade between the European Union (EU) and developing countries is important—around 22 percent of the EU's exports go to developing countries, while 20 percent of the EU's imports originate in those countries. More specifically, trade between Latin America and the EU has ballooned in recent times..."What are the risks and opportunities facing the Latin American and Caribbean (LAC) region from the introduction of the euro? Will the replacement of the European currency basket by the euro have real economic effects, or will it be little more than an accounting phenomenon? This slim volume attempts to answer those questions. In doing so it covers the current economic situation, presents financial flow, discusses the value and volatility of the euro, and the financial implications of the euro, including the banking system and foreign debt and reserve management. Overall, the report gives a broad picture of the possible impact of the euro on the LAC region.

Author: Bettina De Souza Guilherme
Publisher: Springer Nature
ISBN: 3030548953
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.

Author: Claude Auroi
Publisher: Psychology Press
ISBN: 9780714644035
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
Within the global framework of the major transformation of development models the various contributors to this collection seek to compare the Latin American experiences of macroeconomic changes or adjustments with those of East European countries.

Author: R. Dominguez
Publisher: Springer
ISBN: 1137321288
Category : Political Science
Languages : en
Pages : 200

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Book Description
This book analyzes the relations between two geographical areas with different levels of regional institutionalization: the European Union and Latin America. Characterized by low interdependence and asymmetry, this relationship operates in different levels ranging from EU-individual countries to EU-Latin American summits.

Author:
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 52

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Book Description

Author: Beatriz Armendariz
Publisher: MIT Press
ISBN: 0262337878
Category : Political Science
Languages : en
Pages : 461

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Book Description
Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

Author: Paul Blustein
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096263
Category : Political Science
Languages : en
Pages : 504

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Book Description
The latest book by journalist and author Paul Blustein to go behind the scenes at the highest levels of global economic policy making, Laid Low chronicles the International Monetary Fund’s role in the euro-zone crisis. Based on interviews with a wide range of participants and scrutiny of thousands of documents, the book tells how the IMF joined in bailouts that all too often piled debt atop debt and imposed excessively harsh conditions on crisis-stricken countries. As the author shows, IMF officials had grave misgivings about a number of these rescues, but went along at the insistence of powerful European policy makers — to the detriment of the Fund’s credibility, with disheartening implications for the management of future crises. The narrative ends with a tale of the clash between Greece’s radical Syriza government and the country’s creditor institutions that reached a dramatic climax in the summer of 2015.

Author: Carlo Edoardo Altamura
Publisher: Taylor & Francis
ISBN: 1317276973
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
The banking and financial sector has expanded dramatically in the last forty years, and the consequences of this accelerated growth have been felt by people around the world. European Banks and the Rise of International Finance examines the historical origins of the financialised world we live in by analysing the transformations in world finance which occurred in the decade from the first oil crisis of 1973, until the debt crisis of 1982. This a crucial and formative decade for understanding the modern financial landscape, but it is still mostly unexplored in economic and financial history. The availability of new archival evidence has allowed for the re-examination of issues such as the progressive privatisation of international financial flows to Less Developed Countries, especially in Latin America and South-East Asia, and its impact on the expansion of the European banking sector, and for the development of an invaluable financial and political history. This book is well suited for those interested in monetary economics and economic history, as well as those studying international political economy, banking history and Financial history.