{"product_id":"central-bank-independence-and-inflation-lessons-from-latin-america-paperback","title":"Central Bank Independence and Inflation: Lessons from Latin America - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eLuis I. Jácome\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eA history of the institutional reform of monetary policy in Latin America, with lessons for today\u003c\/p\u003e\u003cp\u003eAfter 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, Tüuuml;rkiye, and the United States-- central banks have been blamed for focusing only on fighting inflation at the expense of economic growth.\u003c\/p\u003e\u003cp\u003eCentral 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. Jáaacute;come 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. \u003c\/p\u003e\u003cp\u003eDeeply 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.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eLuis I. Jácome, PhD, is a faculty member at the Walsh School of Foreign Service of Georgetown University and an international consultant on central banking policies. He was previously governor of the Central Bank of Ecuador and is co-author of Challenges for Central Banking: Perspectives from Latin America (2016).\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 380\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e May 05, 2026\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":48429023723769,"sku":"9781647126889","price":68.31,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/2782\/3097\/files\/1s7VW9DaLX9781647126889.webp?v=1779432831","url":"https:\/\/bookscloud.io\/products\/central-bank-independence-and-inflation-lessons-from-latin-america-paperback","provider":"BooksCloud Book Dropshipping","version":"1.0","type":"link"}