Barajas, Adolfo; Steiner, Roberto - International Monetary Fund (IMF) - 2002
This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in … recent studies of credit slowdowns in East Asia and Finland, the paper investigates possible causes for the slowdown in three …