Latin American Financial Systems and Financial Dollarization
xvii
External Vulnerabilities
xviii
Future Priorities and Role of IMF
xix
Introduction
1
(2)
References
2
(1)
Taking Stock
3
(23)
Main Economic and Social Outcomes
3
(8)
Explaining the Outcomes
11
(12)
Conclusion
23
(1)
References
23
(3)
Fiscal Sustainability
26
(19)
Lack of Short-Term Policy Constraints
26
(2)
Common Fragilities
28
(3)
Underlying Weaknesses
31
(9)
Fiscal Lessons, Policy Responses, and Challenges
40
(1)
References
41
(4)
Monetary and Exchange Rate Regimes
45
(18)
Overview
45
(1)
Alternative Approaches to Monetary Stabilization
45
(3)
Macroeconomic Impact of Exchange Rate-Based Stabilization Plans
48
(8)
Effects on Other Elements of Reform Programs
56
(1)
Exit and Regime Change
56
(1)
Lessons, Policy Responses, and Challenges
57
(2)
References
59
(4)
Latin American Financial Systems: Crises and Reforms
63
(16)
Key Characteristics of Latin American Financial Systems
63
(7)
Underlying Weaknesses
70
(3)
Banking Crises and Reforms
73
(4)
Lessons, Policy Responses, and Challenges
77
(1)
References
77
(2)
Financial Dollarization in Latin America
79
(11)
Causes
79
(6)
Managing the Risks
85
(2)
Lessons, Policy Responses, and Challenges
87
(1)
References
88
(2)
External Vulnerabilities
90
(16)
Disappointing Outcomes of Trade Liberalization
90
(9)
Capital Flows to Latin America
99
(2)
Low Trade Shares and Volatile Capital Flows Amplified Vulnerabilities
101
(1)
Lessons, Policy Responses, and Challenges
101
(2)
References
103
(3)
Lessons and Priorities for Future Agenda
106
(1)
Looking Back
106
(1)
Disappointments
107
(1)
Explanatory Factors
107
(1)
Priorities for Future Agenda
108
(4)
IMF Role: Supporting Growth Agendas
112
(2)
References
114
What is included with this book?
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.
Please wait while the item is added to your bag...
×
Digital License
You are licensing a digital product for a set duration. Durations are set forth in the product description,
with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.