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The Real Exchange Rate and Reserve Management: Latin America in the 1990s

In: Can South and Southern Africa become Globally Competitive Economies?

Author

Listed:
  • Felipe Larraín

Abstract

The ending of apartheid in South Africa has led to the start of a new era. The obstacles to integration into the world economy have been removed and the ability to take advantage of this opportunity depends mainly on what South and Southern Africans can do for themselves. The Latin American experience of the 1990s, with large capital inflows and appreciation of the currencies, offers some pertinent lessons.

Suggested Citation

  • Felipe Larraín, 1996. "The Real Exchange Rate and Reserve Management: Latin America in the 1990s," Palgrave Macmillan Books, in: Gavin Maasdorp (ed.), Can South and Southern Africa become Globally Competitive Economies?, chapter 10, pages 107-122, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24972-5_11
    DOI: 10.1007/978-1-349-24972-5_11
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