|
|
|
|
|
|
Author/Editor:
|
Jácome, Luis Ignacio ; Nier, Erlend ; Imam, Patrick A.
|
|
|
|
|
|
Publication Date:
|
July 01, 2012
|
|
|
|
Electronic Access:
|
Free Full text
(PDF file size is 1,496KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
|
|
|
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:
An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger macroprudential policy function. This paper analyzes existing arrangements for financial stability in Latin America and examines key issues to consider when designing the institutional foundations for effective macroprudential policies. The paper focuses primarily on eight Latin American countries, where the institutional arrangements for monetary and financial policies can be classified in two distinct groups: the "Pacific" model that includes Chile, Colombia, Peru, Costa Rica, and Mexico, and the "Atlantic" model, comprising Argentina, Brazil, and Uruguay.
|
|
|
|
Order a print copy
|
|
|
|
|
|
Series:
|
Working Paper No. 12/183
|
|
|
|
|
|
Subject(s):
|
Banking crisis | Cross country analysis | Financial stability | Latin America | Macroprudential policy | Monetary policy
|
|
|
Author's Keyword(s):
|
Macrorpudential policy | financial stability | systemic crises | central banks | banking supervision. |
|
|
|
|
|
|
|
|
|
|
English
|
|
|
|
|
|
|
Publication Date:
|
July 01, 2012
|
|
|
|
|
|
|
|
Format:
|
Paper
|
|
Stock No:
|
WPIEA2012183
|
|
Pages:
|
41
|
|
Price:
|
|
|
|
US$18.00 )
|
|
|
|
|
|
|
|
|
Please address any questions about this title to
publications@imf.org
|
|
|
