This paper seeks to further the debate surrounding Banco del Sur and the possible roles it can play for both South America in general and for specific member countries. Drawing on lessons from the region's recent history, a case is made for the need to incorporate established national publicly...

In this paper, the authors lay out a proposal for the institutional framework for the Banco del Sur. Considering the recent historical experiences of Latin America and the need to promote economic activity based in domestic currencies and channeled through nationally owned banks, the authors...