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This paper complements previous studies by arguing that the low private savings ratio in Latin America can be … established a relationship between private savings and financial markets either by using a measure of "financial depth" or a … measure of "borrowing constraints". This paper offers an alternative view by claiming that the private savings rate relates …
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Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests … Savings Count -- 4 More and Better Saving for Productive Investment 5 Saving for Stability.-6 Running Out of Time: The …
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This book discusses the issues associated with the capriciousness of capital flows into Latin America, examining macroeconomic and financial sector impact, as well as offering policy recommendations for achieving stability despite volatile capital flows. The authors review recent experience with...
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This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. There are many ways in which this can occur, and no specific mechanism is endorsed. These macroeconomic causes of bank vulnerability and crisis have important...
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