Central Bank Involvement in Banking Crises in Latin America /
This paper reviews the nature of central bank involvement in 26 episodes of financial disturbance and crises in Latin America from the mid-1990s onwards. It finds that, except in a handful of cases, large amounts of central bank money were used to cope with large and small crises alike. Pouring cent...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2008.
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Series: | IMF Working Papers; Working Paper ;
No. 2008/135 |
Online Access: | Full text available on IMF |