An Analysis Of The 2002 Uruguayan Banking Crisis PDF Download
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Author | : Luis de la Plaza |
Publisher | : |
Total Pages | : |
Release | : 2012 |
Genre | : |
ISBN | : |
Download An Analysis of the 2002 Uruguayan Banking Crisis Book in PDF, ePub and Kindle
The authors review the series of events that led to the 2002 Uruguayan banking crisis, assess the current status of the Uruguayan banking sector, and analyze the policy responses undertaken by the Uruguayan authorities to counteract the crisis. The main conclusion from their analysis is that although the immediate trigger for the crisis was caused by contagion resulting from Argentina's financial crisis, the spread and magnification of the crisis that engulfed the Uruguayan economy was amplified by certain weaknesses of the Uruguayan economy in general, and the domestic banking sector in particular. The authors also believe that the policy responses adopted by the Uruguayan authorities were mostly adequate, allowing Uruguay to successfully counteract simultaneous banking and public debt crises. Most important, the Uruguayan authorities were able to overcome a severe crisis while preserving the necessary trust in banking contracts, achieving a high level of social stability and political cohesion, and maintaining a fluid dialogue with multilateral financial institutions and all affected parties. The cooperative and consensual approach taken by the authorities created the necessary conditions to overcome some of the important obstacles to the recovery of the domestic banking sector.
Author | : Luis de la Plaza |
Publisher | : |
Total Pages | : 0 |
Release | : 2006 |
Genre | : |
ISBN | : |
Download An Anlaysis of the 2002 Uruguayan Banking Crisis Book in PDF, ePub and Kindle
The authors review the series of events that led to the 2002 Uruguayan banking crisis, assess the current status of the Uruguayan banking sector, and analyze the policy responses undertaken by the Uruguayan authorities to counteract the crisis. The main conclusion from their analysis is that although the immediate trigger for the crisis was caused by contagion resulting from Argentina's financial crisis, the spread and magnification of the crisis that engulfed the Uruguayan economy was amplified by certain weaknesses of the Uruguayan economy in general, and the domestic banking sector in particular. The authors also believe that the policy responses adopted by the Uruguayan authorities were mostly adequate, allowing Uruguay to successfully counteract simultaneous banking and public debt crises. Most important, the Uruguayan authorities were able to overcome a severe crisis while preserving the necessary trust in banking contracts, achieving a high level of social stability and political cohesion, and maintaining a fluid dialogue with multilateral financial institutions and all affected parties. The cooperative and consensual approach taken by the authorities created the necessary conditions to overcome some of the important obstacles to the recovery of the domestic banking sector.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 33 |
Release | : |
Genre | : |
ISBN | : |
Download An Analysis of the 200 Uruguayan Banking Crisis Book in PDF, ePub and Kindle
Author | : International Monetary Fund. Monetary and Capital Markets Department |
Publisher | : International Monetary Fund |
Total Pages | : 50 |
Release | : 2013-05-31 |
Genre | : Business & Economics |
ISBN | : 1484399250 |
Download Uruguay Book in PDF, ePub and Kindle
The buffers built in the aftermath of Uruguay’s 2002 banking crisis have shielded the financial sector from the effects of the global financial turmoil. Growth has been robust and the outlook continues to be favorable. However, inflation persists but capital inflows have improved, and policy measures have been taken in response. Uruguay exhibits no obvious signs of near-term domestic macrofinancial vulnerability. The external risks to the economy and the financial system come from a fragile global environment, and policy measures are recommended to reduce dollarization.
Author | : Luis de la Plaza |
Publisher | : |
Total Pages | : 40 |
Release | : 2005 |
Genre | : Banks and banking |
ISBN | : |
Download An Analysis of the 2002 Uruguayan Banking Crisis Book in PDF, ePub and Kindle
Author | : Mr.R. Gelos |
Publisher | : International Monetary Fund |
Total Pages | : 83 |
Release | : 2008-07-25 |
Genre | : Business & Economics |
ISBN | : 1589067274 |
Download Macroeconomic Implications of Financial Dollarization Book in PDF, ePub and Kindle
Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets, improved financial prudential norms and supervision, and accumulated significant central bank reserves. Against this background, Uruguay now faces issues beyond those addressed to stabilize the economy. As the country pursues key postcrisis monetary and financial reforms, the analysis provided in this paper has a direct bearing on the ongoing efforts to move toward a fully fledged inflation-targeting regime and develop interest rates as monetary instruments, as well as on the preparedness of the financial system to deal with shocks, and the adequacy of current central bank reserves.
Author | : Michael Bahaamonde Connolly |
Publisher | : World Bank Publications |
Total Pages | : 186 |
Release | : 1994-01-01 |
Genre | : Business & Economics |
ISBN | : 9780821327883 |
Download The Effects of Protectionism on a Small Country Book in PDF, ePub and Kindle
"Competently executed series of studies on the distorted trade regime of Uruguay until the late 1980s and the effect of protectionism on a variety of economic outcomes. Topics covered range from the political economy of trade distortions to the sectoral impact of specific regulations. Worth reading"--Handbook of Latin American Studies, v. 57.
Author | : Dambisa Moyo |
Publisher | : Macmillan |
Total Pages | : 209 |
Release | : 2009-03-17 |
Genre | : Business & Economics |
ISBN | : 0374139563 |
Download Dead Aid Book in PDF, ePub and Kindle
Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.
Author | : Jennifer Pribble |
Publisher | : Cambridge University Press |
Total Pages | : 233 |
Release | : 2013-04-22 |
Genre | : Political Science |
ISBN | : 1107030226 |
Download Welfare and Party Politics in Latin America Book in PDF, ePub and Kindle
Explores the variation in welfare and other social assistance policies in Latin America.
Author | : Christian Upper |
Publisher | : |
Total Pages | : 37 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Estimating Bilateral Exposures in the German Interbank Market Book in PDF, ePub and Kindle
Credit risk associated with interbank lending may lead to domino effects, where the failureKreditrisiken aus Interbankbeziehungen können zu Dominoeffekten führen indem der.