Monetary and Exchange Rate Policies for the Perfect Storm

99 Pages Posted: 25 Apr 2011

See all articles by Andre Minella

Andre Minella

Central Bank of Brazil

Alessandro Rebucci

Johns Hopkins University - Carey Business School; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Nelson Souza-Sobrinho

affiliation not provided to SSRN

Andrew Powell

Inter-American Development Bank (IDB); Universidad Torcuato Di Tella - School of Business; Harvard University - Center for International Development (CID)

Date Written: October 2009

Abstract

This study provides a set of tools to analyze the monetary and exchange rate policy issues in the seven countries of the Inter-American Development Bank’s Caribbean region (The Bahamas, Barbados, Jamaica, Haiti, Guyana, Suriname, and Trinidad and Tobago). It then applies some of them to the analysis of the impact of the global turmoil on these economies in the last quarter of 2008. The paper also discusses, in light of both recent theoretical developments and key aspects of these economies, the monetary and exchange policy responses to the initial phase of the global turmoil.

Suggested Citation

Minella, Andre and Rebucci, Alessandro and Souza-Sobrinho, Nelson and Powell, Andrew P. and Powell, Andrew P., Monetary and Exchange Rate Policies for the Perfect Storm (October 2009). IDB Working Paper No. 564, Available at SSRN: https://ssrn.com/abstract=1821915 or http://dx.doi.org/10.2139/ssrn.1821915

Andre Minella (Contact Author)

Central Bank of Brazil ( email )

SBS Quadra 3 Bloco B - Edificio-Sede
Brasilia, Distr. Federal 70.000-000 DF 70074
Brazil
+55 61 414 3653 (Phone)
+55 61 226 0767 (Fax)

Alessandro Rebucci

Johns Hopkins University - Carey Business School ( email )

100 International Drive
Baltimore, MD 21202
United States

HOME PAGE: http://carey.jhu.edu/faculty-research/faculty-directory/alessandro-rebucci-phd

National Bureau of Economic Research (NBER) ( email )

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United States

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

Nelson Souza-Sobrinho

affiliation not provided to SSRN

No Address Available

Andrew P. Powell

Universidad Torcuato Di Tella - School of Business ( email )

Saenz Valiente 1010
C1428BIJ Buenos Aires
Argentina
+5411 4787-9349 (Phone)
+5411 4783-3220 (Fax)

Inter-American Development Bank (IDB) ( email )

1300 New York Avenue NW
Washington, DC 20577
United States

Harvard University - Center for International Development (CID) ( email )

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Cambridge, MA 02138
United States

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