Frontmatter -- Acknowledgments -- Contents -- Preface -- Chapter 1 An Introduction to the Economies of Latin America -- Chapter 2 A Brief Economic History -- Chapter 3 What is “Wrong”: The Usual List of Suspects -- Chapter 4 Argentina and Brazil -- Chapter 5 Chile, Colombia, Peru, and...

Recent banking crises in Argentina, Paraguay, and Venezuela suggest that the macroeconomic impact is influenced by the causes of the crisis, the exchange rate regime, the degree of dollarization, and the structure of the banking system. Crises stemming from both macroeconomic and bank-specific...

The experiences of seven countries that have undergone banking crises show that crises have significant implications for the short-run stability of the demand for money, the money multiplier, the transmission mechanism, and the signal variables of monetary policy. Monetary and credit...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country