The Global Credit Crunch and Foreign Banks' Lending to Emerging Markets : Why Did Latin America Fare Better?

Why Did Latin America Fare Better?

The Global Credit Crunch and Foreign Banks' Lending to Emerging Markets : Why Did Latin America Fare Better?
The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions contracted sharply, lending to Latin America and the Caribbean (LAC) was significantly more resilient. Analyzing detailed BIS data on global banks' READ MORE...

Publication date: April 2010
ISBN 9781455200610
$18.00

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