This exchange will enhance their understanding of economic issues such as inflation targeting, potential output, exchange rate behavior, the transmission mechanism, and equilibrium interest rates. Also, central banks exchange information about their policy choices and approaches, which can stimulate policy coordination between central banks.
CEMLA has played an important role in our region in the area of dissemination of information and experiences among central banks. Over the years, the organization has organized several seminars on statistical methodologies and theoretical approaches. In addition, the CEMLA regularly publishes and distributes empirical studies by central bank researchers in the region and organizes seminars and conferences to discuss the empirical findings.