Ideas for Development in the Americas (IDEA): Volume 5 : September-December, 2004: The Balance on Banking in Latin America
Date issued
Dec 2004
Bank credit is the main source of funding for firms and households in Latin America and the Caribbean Unfortunately, bank credit in the region is scarce, costly and extremely volatile. Given the importance of banking to growth and prosperity, the IDB focused its 2005 Economic and Social Progress Report on this sector. This latest edition of IDEA is based on that report, summarizing some of the major issues from Unlocking Credit: The Quest for Deep and Stable Bank Lending.