Arbeitspapier

Transition to a Functional Financial Safety Net in Latin America

The basic worldwide financial safety net architecture provides for a system of similar institutions: a lender of last resort, deposit insurance, and prudential regulation. In countries whose banking systems suffer seriously from negative capital positions and overbanking, such as in some Latin American markets, the safety nets and the detailed mechanisms of their operation may not be functional in reducing excessive risk taking. They offer banks strong incentives to double their bets for survival. Thus, banks` negative capital positions have been eliminated with capital injection, liquidation, and mergers.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 339

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Garber, Peter M.
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank, Office of the Chief Economist
(wo)
Washington, DC
(wann)
1997

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Garber, Peter M.
  • Inter-American Development Bank, Office of the Chief Economist

Entstanden

  • 1997

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