Front Matter

Front Matter

Steven Weisbrod, and Liliana Rojas-Suárez
Published Date:
October 1995
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    Financial Fragilities in Latin America The 1980s and 1990s

    Liliana Rojas-Suarez and Steven R. Weisbrod


    Washington, D.C.

    October 1995

    © 1995 International Monetary Fund

    Library of Congress Cataloging-in-Publication Data

    Rojas-Suárez, Liliana.

    Financial fragilities in Latin America: the 1980s and 1990s / Liliana Rojas-Suárez and Steven R. Weisbrod.

    p. cm.—(Occasional Paper, ISSN 0251–6365; no. 132) Includes bibliographical references.

    ISBN 1–55775–502–7

    1. Banks and banking—Latin America. 2. Finance—Latin America.

    I. Weisbrod, Steven Riess, 1948–. II. Title. III. Series:

    Occasional paper (International Monetary Fund); no. 132.

    HG2710.5.A6R64 1995

    332.1 ‘098—dc20



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    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;
    • —to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist; between years or months (e.g., 1991–92 or January-June) to indicate the years or months covered, including the beginning and ending years or months;
    • / between years (e.g., 1991/92) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.


    This study was prepared by Liliana Rojas-Suárez, currently on leave from the IMF as Principal Advisor to the Chief Economist at the Inter-American Development Bank, and Steven R. Weisbrod, a consultant to the IMF. Norma Alvarado, Isabel Cardona, and Cecilia Coder provided excellent assistance in typing text and tables. Ivan Sergio Guerra, Kellett W. Hannah, and Subramanian S. Sriram provided highly competent research assistance. The authors are also grateful to Elisa Diehl of the External Relations Department, who edited the manuscript and coordinated production of the publication.

    The study has benefited from the comments of staff and consultants in the Research Department and other departments in the IMF. Opinions expressed are those of the authors and do not necessarily reflect the views of the IMF.

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