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Transición a una red funcional de seguridad financiera en América Latina

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  • Peter M. Garber

Abstract

(Disponible en idioma inglés únicamente) La arquitectura básica de la red de seguridad financiera mundial permite la existencia de u sistema de instituciones afines: un prestamista de última instancia, garantía de depósitos y regulación prudencial. En países cuyos sistemas bancarios adolecen de graves posiciones negativas de capital y de exceso de intermediación bancaria, tales como algunos mercados latinoamericanos, las redes de seguridad y los mecanismos detallados de su funcionamiento pueden no ser funcionales para reducir el exceso de riesgo a asumir. Ofrecen a los bancos sólidos incentivos para duplicar sus posibilidades de supervivencia. Así, las posiciones negativas de capital de los bancos quedan eliminadas con inyecciones de capital, liquidaciones y fusiones.

Suggested Citation

  • Peter M. Garber, 1997. "Transición a una red funcional de seguridad financiera en América Latina," Research Department Publications 4057, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:4057
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    References listed on IDEAS

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    1. Liliana Rojas-Suárez & Steven R. Weisbrod, 1996. "Managing Banking Crises in Latin America: The Do's and Don'ts of Successful Bank Restructuring Programs," IDB Publications (Working Papers) 6864, Inter-American Development Bank.
    2. Mr. Burkhard Drees & Ceyla Pazarbasioglu, 1995. "The Nordic Banking Crises: Pitfalls in Financial Liberalization?," IMF Working Papers 1995/061, International Monetary Fund.
    3. repec:idb:wpaper:319 is not listed on IDEAS
    4. Calomiris, Charles W., 1999. "Building an incentive-compatible safety net," Journal of Banking & Finance, Elsevier, vol. 23(10), pages 1499-1519, October.
    5. Garber, Peter M, 1996. "Managing Risks to Financial Markets from Volatile Capital Flows: The Role of Prudential Regulation," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 1(3), pages 183-195, July.
    6. Rojas-Suárez, Liliana & Weisbrod, Steven R., 1996. "Managing Banking Crises in Latin America: The Do's and Don'ts of Successful Bank Restructuring Programs," IDB Publications (Working Papers) 6212, Inter-American Development Bank.
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