001436365 000__ 04761cam\a2200625\i\4500 001436365 001__ 1436365 001436365 003__ OCoLC 001436365 005__ 20230309004023.0 001436365 006__ m\\\\\o\\d\\\\\\\\ 001436365 007__ cr\un\nnnunnun 001436365 008__ 210504s2021\\\\sz\a\\\\ob\\\\000\0\eng\d 001436365 019__ $$a1250089376 001436365 020__ $$a9783030709860$$q(electronic bk.) 001436365 020__ $$a3030709868$$q(electronic bk.) 001436365 020__ $$z303070985X 001436365 020__ $$z9783030709853 001436365 0247_ $$a10.1007/978-3-030-70986-0$$2doi 001436365 035__ $$aSP(OCoLC)1249513761 001436365 040__ $$aYDX$$beng$$erda$$epn$$cYDX$$dGW5XE$$dOCLCO$$dEBLCP$$dOCLCF$$dOCLCQ$$dOCLCO$$dOCLCQ 001436365 043__ $$acl----- 001436365 049__ $$aISEA 001436365 050_4 $$aKG262 001436365 050_4 $$aHG2710.5.A7 001436365 08204 $$a343.807$$223 001436365 08204 $$a332.1/12$$223 001436365 1001_ $$aTapia-Hoffmann, Andrea Lucia,$$eauthor. 001436365 24510 $$aLegal certainty and central bank autonomy in Latin American emerging markets /$$cAndrea Lucia Tapia-Hoffmann. 001436365 264_1 $$aCham, Switzerland :$$bSpringer,$$c[2021] 001436365 300__ $$a1 online resource (xxiii, 273 pages) :$$billustrations 001436365 336__ $$atext$$btxt$$2rdacontent 001436365 337__ $$acomputer$$bc$$2rdamedia 001436365 338__ $$aonline resource$$bcr$$2rdacarrier 001436365 4901_ $$aEYIEL monographs - studies in European and international economic law,$$x2524-6658 ;$$vvolume 15 001436365 504__ $$aIncludes bibliographical references. 001436365 5050_ $$a1 Introduction -- 2 Legal Certainty -- 3 Legal Certainty and Legal Commitment Mechanisms -- 4 Central Bank Objectives and Autonomy -- 5 Central Bank Statutes and Autonomy -- The Constitutional Court of Colombia versus Central Bank Autonomy -- 7 Economic Emergency and Central Bank Autonomy in Argentina -- 8 Towards Monetary Stability in Latin America. 001436365 506__ $$aAccess limited to authorized users. 001436365 520__ $$aThis book provides a comparative analysis of the legal frameworks of six Latin American central banks to determine whether there is legal certainty regarding central bank autonomy. Based on this, it ascertains whether the way in which legal institutions are designed -- specifically those that rule the autonomy of the central bank -- provides reasons to believe that central banks can keep inflation at bay even if governments face fiscal problems or pursue contradictory objectives. The analysis covers three key areas: a constitutional analysis, a detailed study of the central bank statutes and a study of a number of underexplored threats to central bank autonomy. After defining and identifying different types of legal certainty and linking them to the credibility of government promises, the author goes on to examine the grounds that the law provides for confidence that central banks operate independently of political influence. The second part of the book focuses on a granular analysis of the legal design of the central banks' objectives and autonomy. Lastly, the third part features two case studies that represent little-known and unusual institutional threats to legal certainty relating to central bank autonomy, such as the interventions by the Constitutional Court of Colombia in the autonomy of the Colombian central bank, and the interventions of the Argentinean executive and legislative branches in the autonomy of Argentina's central bank through stabilization plans introduced via emergency laws and decrees. In sum, the book suggests that there are serious doubts about the ability of Latin American central banks to maintain price stability over time. Although central banks were granted a degree of autonomy, authorities in Latin American countries are able to affect central bank decisions. Most importantly, a lack of clarity, inconsistencies, or generous exceptions in the law provide ways for authorities to influence central banks even without bending or disregarding the rules. 001436365 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed May 10, 2021). 001436365 650_0 $$aBanks and banking, Central$$xLaw and legislation$$zLatin America. 001436365 650_0 $$aBanking law$$zLatin America. 001436365 650_0 $$aLegal certainty$$zLatin America. 001436365 650_0 $$aMonetary policy$$zLatin America. 001436365 650_6 $$aSécurité juridique$$zAmérique latine. 001436365 650_6 $$aPolitique monétaire$$zAmérique latine. 001436365 651_0 $$aLatin America$$xEconomic conditions. 001436365 651_6 $$aAmérique latine$$xConditions économiques. 001436365 655_0 $$aElectronic books. 001436365 77608 $$iPrint version:$$z9783030709853$$w(OCoLC)1237348409 001436365 830_0 $$aEuropean yearbook of international economic law.$$pEYIEL monographs ;$$vv. 15.$$x2524-6658 001436365 852__ $$bebk 001436365 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-70986-0$$zOnline Access$$91397441.1 001436365 909CO $$ooai:library.usi.edu:1436365$$pGLOBAL_SET 001436365 980__ $$aBIB 001436365 980__ $$aEBOOK 001436365 982__ $$aEbook 001436365 983__ $$aOnline 001436365 994__ $$a92$$bISE