Banking crises in Latin America / edited by Ricardo Hausmann and Liliana Rojas-Suárez.

Format:

Book

Contributor:

Hausmann, Ricardo.

Rojas-Suárez, Liliana.

Inter-American Development Bank.

Language:

English

Subjects (All):

Banks and banking--Latin America.

Banks and banking.

Financial crises.

Latin America.

Financial crises--Latin America.

Fiscal policy--Latin America.

Fiscal policy.

Physical Description:

xii, 267 pages : illustrations ; 23 cm

Place of Publication:

Washington, D.C. : Inter-American Development Bank : Distributed by Johns Hopkins University Press, 1996.

Summary:

Banking crises occur in both industrial and developing countries, but in Latin America they last longer, affect a larger segment of the banking industry, and cost the public more. In Banking Crises in Latin America, distinguished policymakers, academicians, and bankers examine the main causes of such crises, how governments can manage them more effectively, and how they can be prevented.

The six sections of the book focus on the salient features of Latin American banking systems, the macroeconomic causes of banking crises, the microeconomic factors leading to bank difficulties, and the particular constraints that make the management of banking crises more complicated in America than in industrial countries. Policy recommendations at both the macro- and microeconomic level aim to improve the resilience of banking systems to unanticipated shocks. The last section of the book turns the focus to experiences of individual countries. Contributors include Eduardo Aninat, Guillermo Calvo, Michel Camdessus, Sebastian Edwards, Enrique Iglesias, Lawrence Summers, and Paul Volcker.

Notes:

Includes bibliographical references.

ISBN:

1886938121

OCLC:

35786588