It takes the average reader and 58 minutes to read Central Banking in Latin America: From the Gold Standard to the Golden Years by Mr. Luis Ignacio Jácome
Assuming a reading speed of 250 words per minute. Learn more
This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.
Central Banking in Latin America: From the Gold Standard to the Golden Years by Mr. Luis Ignacio Jácome is 57 pages long, and a total of 14,649 words.
This makes it 19% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 20 minutes to read Central Banking in Latin America: From the Gold Standard to the Golden Years aloud.
Central Banking in Latin America: From the Gold Standard to the Golden Years is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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