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Crisis and power: The case of the financial system

Author

Listed:
  • José R. Ayesterán

    (Universidad de Los Andes, Facultad de Ciencias Económicas y Sociales)

  • Josefa Ramoni Perazzi

    (Universidad de Los Andes, Facultad de Ciencias Económicas y Sociales)

  • Giampaolo Orlandoni

    (Universidad de Los Andes, Facultad de Ciencias Económicas y Sociales)

Abstract

Después de haber logrado escapar de la debacle financiera que la devaluación de 1983 habría generado, el sistema financiero venía presentando inconvenientes que se dejaban entrever en el deterioro de los índices de intermediación financiera, niveles de solvencia y de rentabilidad, situación que se agudizó con los ajustes instrumentados en 1989 en un ambiente de laza regulación financiera. En las siguientes líneas se intenta dar una explicación a las causas de la crisis del sector financiero y analizar hasta qué punto los indicadores bancarios reflejaban la verdadera situación interna de las instituciones.

Suggested Citation

  • José R. Ayesterán & Josefa Ramoni Perazzi & Giampaolo Orlandoni, 1996. "Crisis and power: The case of the financial system," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 21(11), pages 7-34, January-D.
    • Handle: RePEc:ula:econom:v:21:y:1996:i:11:p:7-34
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    More about this item

    Keywords

    Sistema financiero; variables macroeconómicas; crisis financiera.;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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