TY - BOOK AU - Mishkin,Frederic S. AU - Savastano,Miguel A. ED - World Bank. TI - Monetary policy strategies for Latin America T2 - Policy research working paper AV - HG3881.5.W57 PY - 2001/// CY - Washington, D.C. PB - World Bank, Financial Sector Strategy and Policy Department KW - Anti-inflationary policies KW - Latin America KW - Foreign exchange rates KW - Inflation (Finance) KW - Monetary policy N1 - "October 2001."; Title from title screen as viewed on Aug. 26, 2002; Includes bibliographical references (p. 29-31); Also available in print N2 - Instead of focusing the debate about the conduct of monetary policy on whether the normal exchange rate should be fixed or flexible, the focus should be on whether the monetary policy regime appropriately constrains discretion in monetary policymaking. Three frameworks deserve serious discussion as possible long-run strategies for monetary policy in Latin America. A hard exchange-rate peg, monetary targeting, and inflation targeting UR - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-2685 ER -