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Financial Fragilities in Latin America: The 1980s and 1990s

Steven Weisbrod and Liliana Rojas-Suarez

No 1995/012, IMF Occasional Papers from International Monetary Fund

Abstract: By reviewing the experiences of Latin American countries with the restructuring of their financial sectors since 1982, this paper derives lessons regarding the most effective ways to deal with banking difficulties in developing countries. It then discusses whether these lessons have been put into practice during the latest crisis. A sample of five countries - Argentina, Chile, Colombia, Mexico, and Peru - is used for this purpose.

Keywords: OP; bank; market; commercial paper; currency; interest rate; sound banking system; borrower liquidity; bank supervisor; open market interest rates; bank liability; Banco de México; savings and loan; Commercial banks; Bank credit; Credit; International reserves; Loans; Central America; Europe; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 78
Date: 1995-10-06
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Citations: View citations in EconPapers (28)

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