Financial Stability Reports in Latin America and the Caribbean

Author/Editor:

Cheng Hoon Lim ; Alexander D Klemm ; Sumiko Ogawa ; Marco Pani ; Claudio Visconti

Publication Date:

March 28, 2017

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

Many countries in Latin America and the Caribbean now publish financial stability reports. This study reviews their latest issues to assess their content, quality, and transparency. While some reports provide a strong analysis of risks and vulnerabilities, there are significant cross-country differences, and many reports could be improved by adopting a more comprehensive, forward-looking, and thematic assessment of financial stability. A well thought out communication strategy, including a regular and predictable publication schedule and an easily accessible website, is also important to enhance the impact of the reports. Data gaps, particularly at the disaggregated level, are material and need to be urgently addressed.

Series:

Working Paper No. 2017/073

Subject:

English

Publication Date:

March 28, 2017

ISBN/ISSN:

9781475589597/1018-5941

Stock No:

WPIEA2017073

Pages:

41

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