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Central Bank Independence and Inflation : Lessons from Latin America. 中央銀行の独立性とインフレ－ラテンアメリカの教訓
・ISBN 978-1-64712-687-2 hard US$ 119.95
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・ISBN 978-1-64712-688-9 paper US$ 39.95
￥9,359.- (税込) ※（※）価格はご注文時の参考価格となります。
納品価格につきましては書籍の入荷時点で確定となります。
版元の原価改定、外国為替の変動等により異なる場合がございますので、予めご了承下さい。
| 著者・編者 | Jácome, Luis I., |
|---|---|
| 出版社 | (Georgetown U. Pr., US) |
| 出版年月 | 2026.05 |
| ページ数 | 380 pp. |
| 言語 | ENG |
| ニュース番号 | ＜767-231 767-234＞ |
解説
A history of the institutional reform of monetary policy in Latin America, with lessons for today
After years of macroeconomic instability, central bank independence (CBI) is playing a pivotal role in achieving low inflation worldwide. But in some nations-including Brazil, Colombia, Hungary, India, Mexico, Tuerkiye, and the United States- central banks have been blamed for focusing only on fighting inflation at the expense of economic growth.
Central Bank Independence and Inflation argues that countries must continue supporting the independence of central banks to keep inflation in check and hence promote long-run economic growth. Jacome analyzes the evolution of CBI in Latin America from its creation in the 1920s to the present day. He warns against requiring central banks to print money to finance fiscal deficits, because it hinders economic growth. He creates a database of central bank independence to track its evolution and provides empirical evidence of a negative correlation with inflation.
Deeply grounded in history, Central Bank Independence and Inflation warns against the consequences of weakening this institutional arrangement. It is the first book to provide a historical account of Latin America's CBI and will be a valuable resource for those interested in monetary policy.