Series: IMF Working Papers
Author(s): Luis Jácome
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2008
Keywords: financial instability, banking, deposit insurance, bank money,
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 o...