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Santiago Herrera

Santiago Herrera is a Lead Economist at the World Bank. He was Deputy Minister of Finance and Director of the National Budget Office in Colombia.

Titles by This Editor

Inflation targeting—when central bank policies set specific inflation rate objectives—is widely used by both developed and developing countries around the world (although not by the United States or the European Central Bank). This collection of original essays looks at how Brazil's policy of inflation targeting, coupled with a floating exchange rate, survived a series of severe economic shocks and examines the policy lessons that can be drawn from Brazil's experience.