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the intent of capital requirements, even when the bank itself is subject to rigorous accounting standards. A number of …, which currently are markets for bank liabilities; severely limiting public safety nets for bank liabilities so that risky … in restraining bank risk in Latin America than in the industrial countries. …
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The basic worldwide financial safety net architecture provides for a system of similar institutions: a lender of last resort, deposit insurance, and prudential regulation. In countries whose banking systems suffer seriously from negative capital positions and overbanking, such as in some Latin...
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