The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...

Latin American experts demonstrate how market-friendly measures in key policy areas can promote greater equity and efficiency. By identifying win-win strategies, the authors challenge the conventional wisdom that there is always a tradeoff between these two objectives. This volume shows how...

Throughout the 1990s, the Inter-American Development Bank Group (IDB Group) has provided significant support for financial sector reform in Latin America and the Caribbean. The reforms have been aimed at making member countries more attractive to private investors, promoting economic growth,...

This study is an input to the Inter-American Development Bank's regional strategy to improve access to credit for Small and Medium Enterprises (SMEs) in the Latin America region. The core of this strategy is a reform of secure lending on the basis of movable collaterals that will allow SMEs to...

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...

This paper discusses the conditions under which policy-based lending may further economic development within a Latin American and Caribbean context, given the current state of financial markets in most countries of the region. The discussion is intended as a conclusion to the articles presented...

This book contains a selection of the major presentations from the conference: "Policy-Based Finance and Alternatives for Financial Market Development" held in Rio de Janeiro, Brazil in early 1996. It explores the generally successful East Asian experiences with policy-based finance and...

This paper discusses the conditions under which policy-based lending may further economic development within a Latin American and Caribbean context, given the current state of financial markets in most countries of the region. The discussion is intended as a conclusion to the articles presented...

This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from 'narrow banks' to broad 'universal banks.' Each banking structure is assessed in its...

Several developed and developing countries started to integrate their specialized supervisory institutions into a single entity during the past few years. A debate on the pros and cons of integrated supervision models emerged recently. Issues in favor and against integration have been...