international monetary fund (IMF) program. Reforms have improved the resilience of the banking sector to domestic and international …. A mature banking sector and more generally, a well-developed financial sector that supports a vibrant private sector …

and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis …

" The objective of this paper is to analyze the industry structure of banking services in Brazil in order to shed light … designing public policy for the banking sector. In particular, retail banking is found to be less sensitive to price competition … and to exhibit considerably higher returns than corporate banking. The authors identify and discuss the factors underlying …