From “Crypto-Alternatives” to a Regional Unit of Account: Monetary Proposals in Latin America for a Greater Shared Autonomy
Value, Money, Profit, and Capital Today
ISBN: 978-1-80455-751-8, eISBN: 978-1-80455-750-1
Publication date: 20 November 2023
Abstract
Weak regional commercial and productive integration and monetary dependence on the economic poles are evidence of the consolidation of Latin America's peripheral position in the world economy. This research analyzes different monetary initiatives launched individually or collectively by countries in the region to alleviate this position, such as the petro, the SUCRE, or El Salvador's bet on the legal acceptance of bitcoin as a payment instrument. After identifying some of their limitations, we propose some basis for monetary coordination with which to advance in the dynamization of productivity and trade complementarity of the countries of the region.
Keywords
Citation
Arriola, J. and Barredo-Zuriarrain, J. (2023), "From “Crypto-Alternatives” to a Regional Unit of Account: Monetary Proposals in Latin America for a Greater Shared Autonomy", Herrera, R. (Ed.) Value, Money, Profit, and Capital Today (Research in Political Economy, Vol. 39), Emerald Publishing Limited, Leeds, pp. 95-114. https://doi.org/10.1108/S0161-723020230000039007
Publisher
:Emerald Publishing Limited
Copyright © 2024 Joaquín Arriola and Juan Barredo-Zuriarrain. Published under exclusive licence by Emerald Publishing Limited