01931cas a2200277 a 4500 AALejournalIMF017158 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475543353 1018-5941 BD-DhAAL BD-DhAAL Carriere-Swallow, Yan. Central Banking in Latin America : The Way Forward / Yan Carriere-Swallow, Luis I. Jacome H., Nicolas Magud, Alejandro Werner. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Latin America's central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high and volatile, achieving durable price stability will require making central banks more independent. Where inflation targeting regimes are well-established, remaining challenges surround assessments of economic slack, the communication of monetary policy, and clarifying the role of the exchange rate. Finally, macroprudential policies must be coordinated with existing objectives, and care taken to preserve the primacy of price stability. Mode of access: Internet Jacome H., Luis I. Magud, Nicolas. Werner, Alejandro. IMF Working Papers; Working Paper ; No. 2016/197 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/197/001.2016.issue-197-en.xml IMF e-Library