IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-29232-1_16.html
   My bibliography  Save this book chapter

Speculative Financial Behaviour and Financial Fragility in Developing Countries: The Case of Argentina 1992–2001

In: Minsky, Crisis and Development

Author

Listed:
  • Valeria Arza
  • Paula Español

Abstract

Financial market liberalisation used to be the most controversial policy among those included in the agenda of the Structural Adjustment Plans developed in the late 1980s for Latin American countries. Some claimed that financial liberalisation promoted domestic financial development, enhancing, therefore, efficiency in credit allocation: credit would be better allocated to the most productive activities, which in turn would contribute to longterm growth. Others suggested that financial liberalisation would mostly motivate speculative behaviour, boosting, therefore, financial fragility and thus increasing the risk of economic crises.

Suggested Citation

  • Valeria Arza & Paula Español, 2010. "Speculative Financial Behaviour and Financial Fragility in Developing Countries: The Case of Argentina 1992–2001," Palgrave Macmillan Books, in: Daniela Tavasci & Jan Toporowski (ed.), Minsky, Crisis and Development, chapter 15, pages 275-293, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29232-1_16
    DOI: 10.1057/9780230292321_16
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-29232-1_16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.