Central Bank Involvement in Banking Crises in Latin America

Central Bank Involvement in Banking Crises in Latin America
This paper reviews the nature of central bank involvement in 26 episodes of financial disturbance and crises in Latin America from the mid-1990s onwards. It finds that, except in a handful of cases, large amounts of central bank money were used to cope with large and small crises alike. Pouring central bank money into the financial system... READ MORE...

Publication date: May 2008
ISBN 9781451869941
$18.00

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