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

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

Contributed papers presented at the first International Research Conference on "Challenges to Central Banking in the Context of Financial Crisis," organized by

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

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