LEADER 03678nam 2200577Ia 450 001 9910814926303321 005 20240410154042.0 010 $a0-8157-9791-5 035 $a(CKB)1000000000460987 035 $a(EBL)3004449 035 $a(SSID)ssj0000154912 035 $a(PQKBManifestationID)12003411 035 $a(PQKBTitleCode)TC0000154912 035 $a(PQKBWorkID)10098416 035 $a(PQKB)10952809 035 $a(MiAaPQ)EBC3004449 035 $a(OCoLC)66456698 035 $a(MdBmJHUP)muse38572 035 $a(Au-PeEL)EBL3004449 035 $a(CaPaEBR)ebr10120585 035 $a(OCoLC)614896527 035 $a(EXLCZ)991000000000460987 100 $a20051219d2006 uy 0 101 0 $aeng 135 $aur|||||||nn|n 181 $ctxt 182 $cc 183 $acr 200 10$aFinance for development $eLatin America's banks and capital markets after liberalization /$fBarbara Stallings, with Rogerio Studart 205 $a1st ed. 210 $aWashington, D.C. $cBrookings Institution Press$dc2006 215 $a1 online resource (324 p.) 300 $a"United Nations. Economic Commission for Latin America and the Caribbean." 311 $a0-8157-8085-0 320 $aIncludes bibliographical references and index. 327 $a""Contents""; ""Acknowledgments""; ""Finance for Development: Issues and Trends""; ""Financial Liberalization, Crisis, and the Aftermath""; ""Changes in Ownership: Public, Private, and Foreign Banks""; ""Toward Stability: Regulation, Supervision, and the Macroeconomic Context""; ""From Banks to Capital Markets: New Sources of Finance""; ""Chile: Mixed Ownership Provides a New Model""; ""Mexico: Foreign Banks Assume Control""; ""Brazil: Public Banks Continue to Play a Key Role""; ""A Policy Agenda for the Financial Sector""; ""References""; ""Index"" 330 $aA Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication Access to finance is critical in setting the course for development in emerging market economies. In this innovative study, which provides the first book-length analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine the dramatic changes resulting from financial liberalization in the region. The authors begin by discussing the critical transformations taking place in Latin America since 1990--a period marked by acceleration toward a new open, market-oriented development model, and away from a semi-closed model relying heavily on the state. Stallings and Studart examine changes in ownership of the financial sector and government regulation of banking, evaluate the role of capital markets as a source of finance, and compare Latin America's financial sector to that of East Asia. The second section of the book features case studies that demonstrate the changes occurring in Chile, Mexico, and Brazil with particular reference to finance for investment and access to credit. The authors conclude with a set of policy recommendations aimed at strengthening Latin American banks and capital markets so that they can play a greater role in supporting economic development. 606 $aFinance$zLatin America 607 $aLatin America$xEconomic conditions 615 0$aFinance 676 $a332.1098 700 $aStallings$b Barbara$0119274 701 $aStudart$b Rogerio$01683650 712 02$aUnited Nations.$bEconomic Commission for Latin America and the Caribbean. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910814926303321 996 $aFinance for development$94054545 997 $aUNINA