IMF Working Papers

Financial Market Fragilities in Latin America: From Banking Crisis Resolution to Current Policy Challenges

By Steven Riess Weisbrod, Liliana Rojas-Suárez

October 1, 1994

Preview Citation

Format: Chicago

Steven Riess Weisbrod, and Liliana Rojas-Suárez. Financial Market Fragilities in Latin America: From Banking Crisis Resolution to Current Policy Challenges, (USA: International Monetary Fund, 1994) accessed December 22, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper has two objectives: first, by reviewing the recent experience of five Latin American countries with the restructuring of their financial sectors, it derives lessons regarding the most effective ways to resolve banking difficulties in developing countries. Second, the paper analyzes current policy challenges associated with the health of financial systems in Latin America, including: (a) designing policies to respond to the recent large inflows of capital that maintain long-run macroeconomic stability and healthy financial systems; and (b) evaluating the impact of capital markets competition on the soundness of banking systems.

Subject: Bank credit, Banking, Commercial banks, Credit, Currencies, Financial institutions, International reserves, Loans, Money

Keywords: Balance of payments, Bank credit, Cash flow, Central America, Commercial banks, Commercial paper, Credit, Currencies, Economic value, Exchange rate, Federal savings bank, Franchise value, Insurance fund, Loans, Savings and loan, Swap contract, U.S. dollar, WP

Publication Details

  • Pages:

    120

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1994/117

  • Stock No:

    WPIEA1171994

  • ISBN:

    9781451853971

  • ISSN:

    1018-5941