There should be no doubt that monetary union represents the final stage in a long-lasting process of modified economic behaviour. Only if the underlying philosophy becomes second nature to all concerned will the desired outcome be attained. 7. Conclusion Despite the current difficulties, the prospects for Latin America and, more especially, for your own country are good.
With its enormous primary resources and the highly motivated population, the continent has tremendous economic potential and has embarked on an economic policy course that is worth pursuing. I am certain that Latin America, and above all Argentina, will meet the challenges of globalisation and be well equipped for the 21st century. BIS Review 38/1999  10