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Finance for Development: Latin America in Comparative Perspective by with Rogerio Studart Barbara Stallings is a nonfiction available to read on EtoBox.

What is Finance for Development: Latin America in Comparative Perspective about?

Access to finance is a critical element in any effort to promote development in emerging market economies. In this innovative analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine recent transformations in the region, compare them to related developments elsewhere, and consider where they might lead. They challenge the new literature on finance and development, which argues for the elimination of public-sector banks, substitution of private monitoring for government regulation and supervision, and more complete integration with international capital markets. Rather, the authors advocate a more balanced approach that emphasizes individual country situation and strengthens the institutional context in which financial systems operate. Stallings and Studart begin by discussing financial liberalization in Latin America since 1990 and asking when liberalization is likely to be followed by a financial crisis. They also examine other changes associated with financial liberalization--ownership of the financial sector, government regulation of banking, and the emergence of capital markets as an alternative source of finance. Throughout these chapters,

Who reads Finance for Development: Latin America in Comparative Perspective?

Author

with Rogerio Studart Barbara Stallings

Publisher

Brookings Institution ; University Presses Marketing [distributor

Published

2006

Language

EN

ISBN

9780815797913

Category

nonfiction

Subjects

Business, Economics, Finance