Changes in the field of central banking over the past two decades have been nothing short of dramatic. Moreover, they have spanned the globe. They include the i

In the wake of the 2008–09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered u

It may be possible to claim that, generally speaking, central banks around the world have never before held such a central and well-respected position in their

This paper provides a regional perspective on these challenges by including chapters authored by central bankers from Latin America, as well as IMF experts. The

Increasing global financial market integration is presenting new challenges to central banks as they seek to attain low inflation and financial stability. This