"Analyzes U.S. policy toward poorly performing states that are ineligible for new U.S. foreign assistance programs and examines the role of specific policy instruments in building state capacity to prevent deterioration and collapse" - Provided by publisher

After a decade of economic reforms that dramatically altered the structure of economies in Latin America, making them more open and more competitive, and a decade of substantial increases in public spending on education, health and other social programs in virtually all countries, poverty and...

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...