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Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report

Author

Listed:
  • Kiguel, Miguel A.
  • Levy Yeyati, Eduardo
  • Galindo, Arturo
  • Panizza, Ugo
  • Miller, Margaret
  • Rojas-Suárez, Liliana
  • Bebczuk, Ricardo N.
  • López-de-Silanes, Florencio
  • Bernal, Olver
  • Auerbach, Paula
  • Chong, Alberto E.
  • Mandalaoui, Carolina
  • Izquierdo, Alejandro
  • Kamil, Herman
  • Demaestri, Edgardo C.
  • Loboguerrero, Ana María
  • Cowan, Kevin
  • Rodríguez-Clare, Andrés
  • Fergusson, Leopoldo
  • Micco, Alejandro
  • Powell, Andrew
  • Suárez, Gustavo
  • Lora, Eduardo
  • Stein, Ernesto H.
  • Studart, Rogerio
Abstract
Credit supplied by the banking sector is the most important funding source for firms and households in Latin America and the Caribbean. Unfortunately, credit is scarce, costly and volatile. Without deep and stable credit markets, the region will be hard pressed to achieve high and sustainable growth rates and combat poverty. Given the importance of banking to growth and prosperity, the Inter-American Development Bank has made this sector the focus of its 2005 Report on Economic and Social Progress in Latin America. The Report analyzes the three main characteristics of bank credit--scarcity, expense and volatility--and makes policy recommendations.

Suggested Citation

  • Kiguel, Miguel A. & Levy Yeyati, Eduardo & Galindo, Arturo & Panizza, Ugo & Miller, Margaret & Rojas-Suárez, Liliana & Bebczuk, Ricardo N. & López-de-Silanes, Florencio & Bernal, Olver & Auerbach, Pau, 2005. "Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report," IDB Publications (Books), Inter-American Development Bank, number 416, December.
    • Handle: RePEc:idb:idbbks:416
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    References listed on IDEAS

    as
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    8. Carlos Arteta, 2002. "Exchange rate regimes and financial dollarization: does flexibility reduce bank currency mismatches?," International Finance Discussion Papers 738, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Maria Angelica Arbelaez & Roberto Steiner & Alejandro Becerra & Daniel Wills, 2011. "Housing Tenure and Housing Demand in Colombia," Research Department Publications 4736, Inter-American Development Bank, Research Department.
    2. Arbelaez, Maria Angelica & Camacho, Carolina & Fajardo, Johanna, 2011. "Low-income housing finance in Colombia," MPRA Paper 33531, University Library of Munich, Germany.
    3. Sebastián Auguste & Ricardo N. Bebczuk & Ramiro Moya, 2011. "The Demand for Mortgages under Macro Volatility: The Argentine Case," Research Department Publications 4751, Inter-American Development Bank, Research Department.
    4. Christiano A. Coelho & João Manoel Pinho de Mello & Leonardo Rezende, 2007. "Are Public Banks pro-Competitive? Evidence from Concentrated Local Markets in Brazil," Textos para discussão 551, Department of Economics PUC-Rio (Brazil), revised Sep 2007.
    5. Mario Cuevas & Sigfrido Lee & Maria Isabel Bonilla, 2011. "The Missing Foundations of Housing Finance: Incomplete Markets, Fragmented Policies and Emerging Solutions in Guatemala," Research Department Publications 4750, Inter-American Development Bank, Research Department.

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