Origins of banking crises in Latin America: a critical view

2009 ◽  
Vol 31 (4) ◽  
pp. 669-690 ◽  
Author(s):  
Wesley C. Marshall
Risks ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 94
Author(s):  
Mariña Martínez-Malvar ◽  
Laura Baselga-Pascual

Systemic Banking crises are a recurrent phenomenon that affects society, and there is a need for a better understanding of the risk factors to support prudential regulation and reduce unnecessary risk intake in the financial system. This paper examines the main bank risk determinants in Latin America. The period analysed covers the timespan from 1999 to 2013, including the systemic banking crisis episodes in Argentina (2001–2003) and Uruguay (2002–2005). We apply a new data-driven comparable methodology to classify and select commercial banks from the sample. We study bank risk proxied by the Z-score. We use the system-GMM estimator as our main empirical analysis method. According to our results, well capitalized, liquid, and traditional commercial banks are less risky. We perform robustness tests by applying OLS, and the results resemble our original model.


2017 ◽  
Vol 45 (2) ◽  
pp. 95-106
Author(s):  
Jorgelina Loza

There is consensus in Latin America that the modern states of the region emerged from a communal project based on the existence of pre-national societies. It remains important, however, to ask who the actors behind this construct are and how they understand the discourse of the nation promoted by those states. Rodolfo Stavenhagen, who took a critical view of the processes of construction of this modern organizational form, approached the concept of the nation as a construct that took into account the coalition of prevailing forces and could be disputed by those seeking to play a leading role in it. En América Latina, ya constituye un consenso afirmar que los estados modernos de la región emergen de un proyecto comunitario a partir de la existencia de sociedades pre-nacionales. Resulta urgente preguntarse por los actores que forman parte de dicha construcción y la forma en que reciben el discurso nacional promovido por el Estado. Rodolfo Stavenhagen, quien sostuvo una mirada crítica sobre los procesos de construcción de esta forma organizativa moderna, nos permite pensarla como una construcción que puede dar cuenta de la coalición de fuerzas vigente y ser disputada por aquellos que exigen tener un rol protagónico en la misma.


2008 ◽  
Vol 08 (135) ◽  
pp. 1 ◽  
Author(s):  
Luis Ignacio Jácome ◽  

Sign in / Sign up

Export Citation Format

Share Document