Occasional Papers

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

Author/Editor:

Steven Riess Weisbrod ; Liliana Rojas-Suárez

Publication Date:

October 6, 1995

Summary:

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.

Series:

Occasional Paper No. 1995/012

Subject:

Bank credit Banking Central banks Commercial banks Credit Currencies Financial institutions International reserves Loans Money