The Impact of the Euro on Latin America

The Impact of the Euro on Latin America PDF Author: Dorte Verner
Publisher: World Bank Publications
ISBN: 9780821346204
Category : Political Science
Languages : en
Pages : 44

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Book Description
"Trade between the European Union (EU) and developing countries is important—around 22 percent of the EU's exports go to developing countries, while 20 percent of the EU's imports originate in those countries. More specifically, trade between Latin America and the EU has ballooned in recent times..."What are the risks and opportunities facing the Latin American and Caribbean (LAC) region from the introduction of the euro? Will the replacement of the European currency basket by the euro have real economic effects, or will it be little more than an accounting phenomenon? This slim volume attempts to answer those questions. In doing so it covers the current economic situation, presents financial flow, discusses the value and volatility of the euro, and the financial implications of the euro, including the banking system and foreign debt and reserve management. Overall, the report gives a broad picture of the possible impact of the euro on the LAC region.

The Impact of the Euro on Latin America

The Impact of the Euro on Latin America PDF Author: Dorte Verner
Publisher: World Bank Publications
ISBN: 9780821346204
Category : Political Science
Languages : en
Pages : 44

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Book Description
"Trade between the European Union (EU) and developing countries is important—around 22 percent of the EU's exports go to developing countries, while 20 percent of the EU's imports originate in those countries. More specifically, trade between Latin America and the EU has ballooned in recent times..."What are the risks and opportunities facing the Latin American and Caribbean (LAC) region from the introduction of the euro? Will the replacement of the European currency basket by the euro have real economic effects, or will it be little more than an accounting phenomenon? This slim volume attempts to answer those questions. In doing so it covers the current economic situation, presents financial flow, discusses the value and volatility of the euro, and the financial implications of the euro, including the banking system and foreign debt and reserve management. Overall, the report gives a broad picture of the possible impact of the euro on the LAC region.

The Impact of the Euro in Latin America and the Caribbean

The Impact of the Euro in Latin America and the Caribbean PDF Author:
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 43

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Book Description


The impact of the euro in Latin America and the Caribbean. Latin American Economic System

The impact of the euro in Latin America and the Caribbean. Latin American Economic System PDF Author:
Publisher:
ISBN:
Category :
Languages : es
Pages :

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Enters the Euro

Enters the Euro PDF Author: Hubert Escaith
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The creation and introduction of the euro on 1 January 1999 was one of the most important economic events of the end of the twentieth century. The paper shows that financial linkages between Europe and Latin America may be the most relevant for Latin America. Exchange rate policy will also be affected as large swings in bilateral exchange rate between the US Dollar and euro were already anticipated at the time of writing the report.The medium- to long-term consequences of an increasingly bipolar but asymmetrical international monetary system will have to be included in the Latin America national exchange rate policies, enhancing, inter alia, the possibility of adopting anchor baskets. This paper in French revises and updates the original version in Spanish, 2003 (also available from SSRN).

Euro and the Financial Relations Between Latin America and Europe

Euro and the Financial Relations Between Latin America and Europe PDF Author: Luis Miotti
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
Although Latin America's indisputable reference currency is the U.S. dollar, many of the countries in the region have economic ties with European countries. The creation and introduction of the euro in 1999 marked the beginning of a new era in international monetary and financial relations, although it is still difficult to draw any definitive conclusions regarding its scope and its implications for Latin America. This study evaluates the internationalisation of the euro and its likely effects on the international monetary system, as well as on the development of relations between Europe and Latin America, including trade and financial flows.

Euro

Euro PDF Author: Hubert Escaith
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The paper analyses the various channels that may impact the region after the emergence of euro as an international currency. The paper shows that financial aspects may be the more relevant for Latin America. Exchange rate policy will also be affected as large swings in bilateral exchange rate between the US Dollar and Euro were already anticipated at the time of writing the report. The medium- to long-term consequences of an increasingly bipolar but asymmetrical international monetary system will have to be included in the Latin America national exchange rate policies, enhancing, inter alia, the possibility of adopting anchor baskets.

The Redefinition of the EU Presence in Latin America and the Caribbean

The Redefinition of the EU Presence in Latin America and the Caribbean PDF Author: Gian Luca Gardini
Publisher:
ISBN: 9783631909164
Category :
Languages : en
Pages : 0

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Book Description
This book explores three key issues to understand the redefinition of relations between the European Union (EU) and Latin America and the Caribbean (LAC): the international context, foreign policies of EU member states towards Latin America, and crucial topics on the EU-LAC agenda. At the theoretical level, the book aims to rebalance two debates on EU-LAC relations. First, in the debate between agency and structure, the book stresses that context is a limiting factor of the agent's preferences and actions. Second, in the debate between values and interests, it finds that interests should not be made invariably dependent on values.At the empirical level, two aspects stand out. First, the change and continuity in EU member states' foreign policies also impact the EU's own role in the continent. Second, new topics on the bi-regional and global agenda have the potential to redefine the relations between the two regions.At a time of European alleged decline, this volume argues that the EU remains a highly significant actor in Latin America and the Caribbean."EU-Latin American relations are in a phase of redefinition. This timely book addresses both the structural obstacles and the prospects and areas for deeper cooperation. Against the background of diverging positions of Latin America and the EU in international politics, the proposed decoupling of political and functional agendas should be considered."Detlef Nolte, German Institute für Global and Area Studies (GIGA)"This book makes an original and significant contribution to the study of the relations between the European Union and Latin American and the Caribbean. The volume blends wisely the right doses of scholarly research and policymaking sensitivity, thus making for an innovative read for academics and an insightful contribution for practitioners."Andrés Malamud, University of Lisbon.

The Euro and Latin America

The Euro and Latin America PDF Author: Institute for European-Latin American Relations
Publisher:
ISBN:
Category : Euro
Languages : en
Pages : 56

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Book Description


The European Union and Latin America and the Caribbean

The European Union and Latin America and the Caribbean PDF Author: Vereinte Nationen Economic Commission for Latin America and the Caribbean
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Foreword .-- I. Latin America and the Caribbean and the European Union in the new global context .-- II. An economic, social and environmental overview .-- III. The keys to more inclusive production development: the role of knowledge and digitalization .-- IV. Trade and production integration between the European Union (EU) and Latin American and the Caribbean .-- V. Micro-, small and medium-sized enterprises (MSMEs): key actors for development .-- VI. New institutions to carry forward the development process in Latin America and the Caribbean .-- VII. Opportunities for cooperation between the European Union and Latin America and the Caribbean.

The European Union, Latin America and the Caribbean

The European Union, Latin America and the Caribbean PDF Author: European Commission. Directorate-General for External Relations Latin American Directorate Policies, Planning and Coordination Unit
Publisher:
ISBN: 9789289436755
Category : Caribbean Area
Languages : en
Pages : 16

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Book Description