Regulatory Lessons from the Crisis of Costa Rica's Mutual Fund Industry

Regulatory Lessons from the Crisis of Costa Rica's Mutual Fund Industry
In 2004, the mutual fund industry of Costa Rica experienced a massive run by investors that reduced the industry to half its size in a month. This paper explores how weaknesses in the regulatory framework played a role in the crisis and draws lessons for developing countries. The analysis of events demonstrates the need for developing countries... READ MORE...

Publication date: December 2006
ISBN 9781451865486
$18.00

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