Financial regulation and supervision in emerging markets: the experience of Latin America since the Tequila crisis

Includes bibliography

Experiences gained from GDDS compliance in the English-speaking Caribbean

Includes bibliography

Global economic developments, 1999

Includes bibliography

Prevention of Money Laundering and of the Financing of Terrorism to Ensure the Integrity of Financial Markets in Latin America and the Caribbean

This paper reviews the current status of the international fight against money laundering and the financing of terrorism, highlighting the importance of its prevention for economic and financial stability in Latin America and the Caribbean. It synthesizes the recent history of international legislation and agreements with respect to the issues, and presents the framework of public and private sector actors engaged in combating these threats. It reviews Latin American and Caribbean countries’ compliance with the Financial Action Task Force (FATF) (40 + 9) Recommendations, and analyzes the region’s performance with respect to their third round Mutual Evaluation Reports.

Growth, instability and the convertibility crisis in Argentina

Includes bibliography

The determinants of recent foreign bank penetration in Brazil

Includes bibliography

Capital flows to Latin America: recent developments

Includes bibliography

A regional reserve fund for Latin America

Incluye bibliografía

Macroprudential policy: an institutionalist interpretation

One of the consequences of the recent international economic crisis has been the demand for new economic policy tools, to add to the well-established monetary, exchange-rate, and fiscal policy mechanisms. In particular, more effective ways are needed to regulate the financial system and prevent the emergence of imbalances that affect the real economy. In that context, macroprudential policy has been singled out as another economic-type public policy which could help maintain financial stability. Nonetheless, the discussions and development of the literature on this topic are founded on pragmatic considerations that are not directly related to the orthodox or heterodox schools of economic thought. So the aim of this article is to provide an institutionalist reading of macroprudential policy, to understand it in terms of the theoretical content of institutional approaches.

Liquidity black holes: why modern financial regulation in developed countries is making short-term capital flows to developing countries even more volatile

Includes bibliography

Financial regulation and supervision in emerging markets: the experience of Latin America since the Tequila crisis

Includes bibliography

The impact of privatisation on the banking sector in the Caribbean

Includes bibliography

From capital surges to drought: seeking stability for emerging economies

Includes bibliography

Competition and regulation in the banking system of Central America and Mexico: a comparative study

Incluye Bibliografía

Multilateral banking and development financing in a context of financial volatility

Includes bibliography