Arbeitspapier

Financial regulation and supervision in emerging markets: The experience of Latin America since the Tequila Crisis

The paper deals with changes in the regulation and supervision of the Latin American financial sector in the aftermath of the ‘Tequila Crisis’ of 1994–95. While it finds that both have improved, regulation and supervision cannot resolve all problems; good macroeconomic policy and performance are essential complements. This is especially true because of the procyclical nature of financial activity. The paper presents both regional data for Latin America, contrasting it with other emerging markets, and four country case studies (Argentina, Brazil, Chile, and Mexico). The latter show how individual country characteristics and experiences affect the operation of the financial systems. We close with some policy recommendations. – regulation ; banking ; Latin America

ISBN
9291902136
Sprache
Englisch

Erschienen in
Series: WIDER Discussion Paper ; No. 2002/45

Klassifikation
Wirtschaft
Economic History: Financial Markets and Institutions: Latin America; Caribbean
Economic History: Government, War, Law, International Relations, and Regulation: Latin America; Caribbean
Economywide Country Studies: Latin America; Caribbean
Thema
Bank
Regulierung
Bankenaufsicht
Lateinamerika

Ereignis
Geistige Schöpfung
(wer)
Stallings, Barbara
Studart, Rogerio
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Stallings, Barbara
  • Studart, Rogerio
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2002

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