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

Author/Editor:

Liliana Rojas-Suárez ; Steven Riess Weisbrod

Publication Date:

October 1, 1994

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.

Series:

Working Paper No. 94/117

Subject:

English

Publication Date:

October 1, 1994

ISBN/ISSN:

9781451853971/1018-5941

Stock No:

WPIEA1171994

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

120

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