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Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report

Miguel A. Kiguel, Eduardo Levy Yeyati, Arturo Galindo, Ugo Panizza, Margaret Miller, Liliana Rojas-Suarez, Ricardo Bebczuk (), Florencio López-de-Silanes, Olver Bernal, Paula Auerbach, Alberto Chong, Carolina Mandalaoui, Alejandro Izquierdo, Herman Kamil, Edgardo C. Demaestri, Ana María Loboguerrero, Kevin Cowan, Andres Rodriguez-Clare, Leopoldo Fergusson, Alejandro Micco, Andrew Powell, Gustavo Suárez, Eduardo Lora, Ernesto H. Stein and Rogerio Studart

No 416 in IDB Publications (Books) from Inter-American Development Bank

Abstract: Credit supplied by the banking sector is the most important funding source for firms and households in Latin America and the Caribbean. Unfortunately, credit is scarce, costly and volatile. Without deep and stable credit markets, the region will be hard pressed to achieve high and sustainable growth rates and combat poverty. Given the importance of banking to growth and prosperity, the Inter-American Development Bank has made this sector the focus of its 2005 Report on Economic and Social Progress in Latin America. The Report analyzes the three main characteristics of bank credit--scarcity, expense and volatility--and makes policy recommendations.

Keywords: IPES, 0095-2850, Informe de Progreso Económico y Social; Economic and Social Progress Report, IPES, 0253-6013 (search for similar items in EconPapers)
Date: 2005
ISBN: 1-931003-66- 1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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