The pattern of change in Latin American banking: an overall view

Authors

  • F.M. TAMAGNA

DOI:

https://doi.org/10.13133/2037-3643/11623

Keywords:

Latin America, banking, financial structure, central banks, monetary instruments, policy

Abstract

Amidst substantial political and economic change, the central banks of Latin America have outgrown their formative phase, reflecting in their development the pervasive effects of internal and external influence. Their contribution to the changing pattern of the economies has been reflected in the promotion of new ways and instruments of financing, the support of new types of financial institutions in public and private fields, and the assumption of intermediary roles between the government and the financial community at home, and between these and foreign and international institutions. The present work provides a general analysis of these developments in Latin American banking. The author first considers the impact of change on the financial structure before looking at the place and role of central banks. The development of monetary instruments and the framework of monetary policy are then analysed. Finally, the changing scope of the financial system is examined.


JEL: G21, G28

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Published

2014-02-18

How to Cite

TAMAGNA, F. (2014). The pattern of change in Latin American banking: an overall view. PSL Quarterly Review, 18(72). https://doi.org/10.13133/2037-3643/11623

Issue

Vol. 18 No. 72 (1965)

Section

Editorial

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