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Journal Article
The banking sector rescue in Mexico
In Mexico the December 1994 peso devaluation provoked a profound economic downturn in that country and revealed a fragile banking sector. Fearful that the financial system would collapse under a rising level of past due loans, the Mexican government mounted a rescue of the banking sector by intervening in the daily operations of some problem banks while establishing a series of capitalization and restructuring programs available to all banks. ; This article examines Mexico's bank rescue efforts (1995-98) with a particular focus on the role of the deposit insurance fund, the Bank Fund for the ...
Journal Article
Managed care for Brazil's banks
The focus on financial sector reform in emerging market economies often centers on the need to reduce government involvement in markets. Individual countries have taken many different approaches toward reaching this goal. In Brazil, financial sector reform has entailed the need for a large governmental role in structuring reforms, especially in the banking sector. This article explores a key aspect of Brazil's financial liberalization-the reform and opening of the domestic banking sector. ; Efforts to liberalize trade that began in the late 1980s and early 1990s in Brazil were hampered by ...
Journal Article
In search of better reform in Latin America
Journal Article
Brazil: shifting from vast bureaucracy to managerial state
Journal Article
Reviewing Mexico's new bank accounting standards