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Evolving banking systems in Latin America and the Caribbean: challenges and implications for monetary policy and financial stability

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  • Bank for International Settlements
Abstract
On 26 and 27 January 2006, the BIS, in collaboration with the Bank of Jamaica, hosted a meeting for senior central bankers in Kingston, Jamaica, under the broad theme "Evolving banking systems in Latin America and the Caribbean: challenges and implications for monetary policy and financial stability". The meeting was chaired by Már Gudmundsson, Deputy Head of the Monetary and Economic Department of the BIS, with the purpose of discussing how the smaller economies of Latin America and the Caribbean (LAC) have dealt with the transformation of their financial system during the last decade.

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Suggested Citation

  • Bank for International Settlements, 2007. "Evolving banking systems in Latin America and the Caribbean: challenges and implications for monetary policy and financial stability," BIS Papers, Bank for International Settlements, number 33.
    • Handle: RePEc:bis:bisbps:33
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    References listed on IDEAS

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    23. M S Mohanty & Philip Turner, 2008. "Monetary policy transmission in emerging market economies: what is new?," BIS Papers chapters, in: Bank for International Settlements (ed.), Transmission mechanisms for monetary policy in emerging market economies, volume 35, pages 1-59, Bank for International Settlements.
    24. Marco A. Espinosa-Vega & Alessandro Rebucci, 2004. "Retail Bank Interest Rate Pass-through: Is Chile Atypical?," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Antonio Ahumada & J. Rodrigo Fuentes & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Se (ed.),Banking Market Structure and Monetary Policy, edition 1, volume 7, chapter 5, pages 147-182, Central Bank of Chile.
    25. Ramon Moreno, 2006. "The changing nature of risks facing banks," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 67-98, Bank for International Settlements.
    26. Asli Demirgüç-Kunt & Enrica Detragiache, 2005. "Cross-Country Empirical Studies of Systemic Bank Distress: A Survey," National Institute Economic Review, National Institute of Economic and Social Research, vol. 192(1), pages 68-83, April.
    27. M S Mohanty & Gert Schnabel & Pablo Garcia-Luna, 2006. "Banks and aggregate credit: what is new?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 11-39, Bank for International Settlements.
    28. Hernando Vargas H & Financial Stability Department, 2006. "Public Debt Market Risk: The Effects on the Financial System and on Monetary Policy - The Case of Colombia," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 189-201, Bank for International Settlements.
    29. David Archer, 2006. "Implications of recent changes in banking for the conduct of monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 123-51, Bank for International Settlements.
    30. Marco Arena & Carmen Reinhart & Francisco Vázquez, 2006. "The Lending Channel in Emerging Economics: Are Foreign Banks Different?," NBER Working Papers 12340, National Bureau of Economic Research, Inc.
    31. Oral H. Williams & Esther C. Suss & Chandima Mendis, 2005. "Offshore Financial Centres in the Caribbean: Prospects in a New Environment," The World Economy, Wiley Blackwell, vol. 28(8), pages 1173-1188, August.
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    33. Philip Turner, 2006. "The banking system in emerging economies: how much progress has been made?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 1-9, Bank for International Settlements.
    34. Agustin Villar, 2006. "Is financial stability policy now better placed to prevent systemic banking crises?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 99-122, Bank for International Settlements.
    35. -, 2006. "Preliminary Overview of the Economies of Latin America and the Caribbean 2006," Balance Preliminar de las Economías de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 967 edited by Eclac.
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    42. Dietrich Domanski, 2005. "Foreign banks in emerging market economies: changing players, changing issues," BIS Quarterly Review, Bank for International Settlements, December.
    43. Vergara, Sebastián & Moguillansky, Graciela & Studart, Rogério, 2004. "Foreign banks in Latin America: a paradoxical result," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
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    Cited by:

    1. Alejandro Jara & Camilo Tovar, 2008. "Monetary and financial stability implications of capital flows in Latin America and the Caribbean," BIS Papers, Bank for International Settlements, number 43.
    2. Serge Jeanneau & Camilo E Tovar, 2008. "Latin America’s local currency bond markets: an overview," BIS Papers chapters, in: Bank for International Settlements (ed.), New financing trends in Latin America: a bumpy road towards stability, volume 36, pages 46-64, Bank for International Settlements.
    3. Ms. Alla Myrvoda & Julien Reynaud, 2018. "Monetary Policy Transmission in the Eastern Caribbean Currency Union," IMF Working Papers 2018/070, International Monetary Fund.
    4. Maria Abascal & Luis Carranza Ugarte & Mayte Ledo & Arnoldo Lopez Marmolejo, 2011. "Impact of Financial Regulation on Emerging Countries," Working Papers 1108, BBVA Bank, Economic Research Department.

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