TY - GEN AU - Kiguel, Miguel A. AU - Levy Yeyati, Eduardo AU - Galindo, Arturo AU - Panizza, Ugo AU - Miller, Margaret AU - Rojas-Suárez, Liliana AU - Bebczuk, Ricardo N. AU - López-de-Silanes, Florencio AU - Bernal, Olver AU - Auerbach, Paula AU - Chong, Alberto E. AU - Mandalaoui, Carolina AU - Izquierdo, Alejandro AU - Kamil, Herman AU - Demaestri, Edgardo C. AU - Loboguerrero, Ana María AU - Cowan, Kevin AU - Rodríguez-Clare, Andrés AU - Fergusson, Leopoldo AU - Micco, Alejandro AU - Powell, Andrew AU - Suárez, Gustavo AU - Lora, Eduardo AU - Stein, Ernesto H. AU - Studart, Rogerio TI - Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report PY - 2012 Y1 - 2012/04/26 DO - 10.18235/0012527 AB - Credit supplied by the banking sector is the most important funding source for firms and households in Latin America and the Caribbean. Unfortunately, credit is scarce, costly and volatile. Without deep and stable credit markets, the region will be hard pressed to achieve high and sustainable growth rates and combat poverty. Given the importance of banking to growth and prosperity, the Inter-American Development Bank has made this sector the focus of its 2005 Report on Economic and Social Progress in Latin America. The Report analyzes the three main characteristics of bank credit--scarcity, expense and volatility--and makes policy recommendations. UR - https://doi.org/10.18235/0012527 ER -