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United States interest rates, Latin American debt and financial contagion
(2002-12)
This article analyses the way in which Latin American bond spreads were affected by the changes in United States interest rates in the second half of the 1990s. Empirical analysis shows that, contrary to theory, in this ...
Liberalization or financial development?
(1994-12)
The Latin American countries' reorientation towards market economies and their efforts to open their economies up to the international market since the 1970s have given rise to various sorts of financial policies. This ...
Financial repression and the Latin American finance pattern
(1994-08)
This article presents a critique of the theory of financial repression, in place of which it offers an alternative approach to development financing, based mainly on the Keynesian tradition. The concept of financial ...
Regional financial cooperation
(ECLACBrookings Institution Press, 2006)
Contents
Foreword
Regional Financial Cooperation: Experiences and Challenges, José Antonio Ocampo
Reforming the Global Financial Architecture: The Potential of Regional Institutions, Roy Culpeper
Regional Development ...
Financial openness, financial fragility and policies for economic stability: a comparative analysis across regions of the developing world
(ECLAC, 2023-01-12)
This book presents a comparative analysis of the policy responses of developing countries in Africa, Asia and Latin America and the Caribbean to the challenges that greater external financial openness and price and ...