Achieving Stability in Latin American Financial Markets in the Presence of Volatile Capital Flows
Peer Reviewed
Date issued
Apr 1995
Subject
Financial Crisis and Structural Adjustement;
Financial Market
Country
Brazil;
Colombia;
Argentina;
Peru;
Venezuela;
Chile;
Mexico
Category
Working Papers
This paper considers whether reserve requirements have been effective in controlling excessive liquidity growth. It also discusses the adequacy of bank supervisory standards, such as capital to risk-weighted asset standards, in controlling expansion of risky bank credit that often accompanies excessive liquidity expansion.
