Rojas-Suárez, Liliana; Weisbrod, Steven R. - Conference "Safe and Sound Financial Systems: What … - 1996
This paper raises fundamental questions about how banks in Latin America ought to be supervised. The concentration of … wealth holders in Latin America and the equity markets' resulting illiquidity permit investors who control banks to subvert … implemented in the short run. Latin American supervisors should focus on: improving the markets that already work in Latin America …