In order to read or download eBook, you need to create FREE account. eBook available in PDF, ePub, MOBI and Kindle versions
World Bank Discussion Paper No. 360. Over the last two decades banking systems in Latin America have been subject to considerable banking distress and numerous crises. This conference looked at proposals for preventing such episodes. The discussions covered the genesis and implications of deposit insurance cum fractional reserve requirements; the experience with market-based regulations in Chile and in New Zealand and the narrow banking proposal (100 percent reserves on demand deposits), with a discussion of how Argentina's path towards this type of banking system helped this country weather its 1995 banking crisis. Contributors include central bank presidents (Argentina, Chile, Costa Rica and Nicaragua) and directors (Colombia); heads of regulatory agencies and banking centers (Bolivia and Mexico); rating agencies (Brazil), private bankers, World Bank economists, and academics.