Third Eurosystem & L American CB meeting

The monetary and financial challenges for central banks associated with the ongoing process of globalisation were the main focus of the discussions held in the Third High-Level Seminar of the Eurosystem and Latin American Central Banks in Madrid Monday 4 December.
The monetary and financial challenges for central banks associated with the ongoing process of globalisation were the main focus of the discussions held in the Third High-Level Seminar of the Eurosystem and Latin American Central Banks in Madrid Monday 4 December.

The Seminar was attended by Governors and high-level representatives of Latin American and Eurosystem central banks, as well as by the Center for Latin American Monetary Studies (CEMLA) and the European Commission.

Participants discussed the extent to which global economic developments in recent years have cast a number of financial and monetary relationships (between and within advanced and emerging economies) in a different light and reviewed the experience in both regions.

The Seminar was hosted by Banco de Espaa and jointly organised together with the European Central Bank. Its aim was to consolidate the policy dialogue between central bankers from Europe and Latin America, following the Seminar in Rio de Janeiro in 2004.

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