This book discusses the issues associated with the capriciousness of capital flows into Latin America, examining … capital flows. The authors review recent experience with international capital flows in Latin America, and discuss the policy … este trabajo se examina la experiencia resultante de los flujos internacionales de capital a América Latina, y se analizan …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … then the busts including Sudden Stops in capital flows; the strong interaction between sovereign debt and domestic banking …

and, where needed, restructuring to resolve banking crises and the debt overhang. Latin America's experience yields …

of banking systems is considered one of the most important vulnerabilities. At the same time, that exposure may also be … set of measures of systemic liquidity-risk exposure of banking systems, with a focus on Latin American and Caribbean …

This paper analyzes capital inflow surges in emerging economies from 1980 to 2005. Estimated probit models are used …, which discriminate well between surges associated with banking crises or recessions, and those surges that end without such … probabilities for banking crises and recessions. This suggests that recent inflow surges characterized by high portfolio and banking …

systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks … incidence of banking crises. An increased level of de facto integration as mea- sured by borrowing by banks is positively … associated with the incidence of crises. A higher level of de jure integration (capital account openness) is also associated with …

This paper focuses on the design of successful bank restructuring programs in Latin America, a region where banking … the most adverse conditions. Paper prepared for the Inter-American Development Bank/Group of 30 conferences on Banking …

are distorted even when credit constraints do not bind. Sudden Stops are a property of the unique, flexible …