Systemically important financial institutions in Latin America - a Primer
ABSTRACT Financial institutions show a characteristic risk exposure and vulnerability, making them prone to instability. Financial systems in Latin America, however, were left largely unscathed by the global financial crisis starting in 2008. This state-of-the-art survey provides an in-depth analysi...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Editora 34
2016-06-01
|
Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000200410&lng=en&tlng=en |
id |
doaj-f6fedab354404abca1e57c7bb126bef1 |
---|---|
record_format |
Article |
spelling |
doaj-f6fedab354404abca1e57c7bb126bef12020-11-24T22:50:25ZengEditora 34Brazilian Journal of Political Economy1809-45382016-06-0136241042910.1590/0101-31572016v36n02a09S0101-31572016000200410Systemically important financial institutions in Latin America - a PrimerJACOB KLEINOWMARIO GARCIA MOLINAANDREAS HORSCHABSTRACT Financial institutions show a characteristic risk exposure and vulnerability, making them prone to instability. Financial systems in Latin America, however, were left largely unscathed by the global financial crisis starting in 2008. This state-of-the-art survey provides an in-depth analysis on the identification and regulation of systemically important financial institutions (SIFIs). While Latin America benefits from its rich historical experience in managing systemic risks, we find the problem of SIFIs to be still underestimated. However, there are first efforts to cope with SIFIs in science and particularly Latin American supervisors and regulators are starting to take the threat posed by SIFIs seriously.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000200410&lng=en&tlng=enAmérica LatinaIFSIrisco sistêmicotoo-big-to-failinstabilidaderegulamentação bancária |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
JACOB KLEINOW MARIO GARCIA MOLINA ANDREAS HORSCH |
spellingShingle |
JACOB KLEINOW MARIO GARCIA MOLINA ANDREAS HORSCH Systemically important financial institutions in Latin America - a Primer Brazilian Journal of Political Economy América Latina IFSI risco sistêmico too-big-to-fail instabilidade regulamentação bancária |
author_facet |
JACOB KLEINOW MARIO GARCIA MOLINA ANDREAS HORSCH |
author_sort |
JACOB KLEINOW |
title |
Systemically important financial institutions in Latin America - a Primer |
title_short |
Systemically important financial institutions in Latin America - a Primer |
title_full |
Systemically important financial institutions in Latin America - a Primer |
title_fullStr |
Systemically important financial institutions in Latin America - a Primer |
title_full_unstemmed |
Systemically important financial institutions in Latin America - a Primer |
title_sort |
systemically important financial institutions in latin america - a primer |
publisher |
Editora 34 |
series |
Brazilian Journal of Political Economy |
issn |
1809-4538 |
publishDate |
2016-06-01 |
description |
ABSTRACT Financial institutions show a characteristic risk exposure and vulnerability, making them prone to instability. Financial systems in Latin America, however, were left largely unscathed by the global financial crisis starting in 2008. This state-of-the-art survey provides an in-depth analysis on the identification and regulation of systemically important financial institutions (SIFIs). While Latin America benefits from its rich historical experience in managing systemic risks, we find the problem of SIFIs to be still underestimated. However, there are first efforts to cope with SIFIs in science and particularly Latin American supervisors and regulators are starting to take the threat posed by SIFIs seriously. |
topic |
América Latina IFSI risco sistêmico too-big-to-fail instabilidade regulamentação bancária |
url |
http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572016000200410&lng=en&tlng=en |
work_keys_str_mv |
AT jacobkleinow systemicallyimportantfinancialinstitutionsinlatinamericaaprimer AT mariogarciamolina systemicallyimportantfinancialinstitutionsinlatinamericaaprimer AT andreashorsch systemicallyimportantfinancialinstitutionsinlatinamericaaprimer |
_version_ |
1725672595129368576 |