Global Deleveraging and Foreign Banks' Lending to Latin American Countries.

The article looks at how the 2008-09 global financial shock affected foreign bank lending to Latin American countries. It explores three factors that affected foreign bank lending, namely, the freezing of the international markets, the deterioration of the financial health of parent banks in develop...

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Publicado en:Economía Vol. 13; no. 2; pp. 1 - 35
Autores principales: KAMIL, HERMAN, RAI, KULWANT
Formato: Artículo
Publicado: London School of Economics & Political Science Spring2013
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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          KAMIL, HERMAN
          RAI, KULWANT
        affil:
          International Monetary Fund, Western Hemisphere Department
          University of Virginia
      su:
        Latin America
        International markets
        Global Financial Crisis, 2008-2009
        Foreign banking industry
        Bank loans
      sug:
        subj:
          International markets
          Latin America
          Consumer Lending
          International Trade Financing
          Personal and commercial banking industry
          Commercial Banking
          Global Financial Crisis, 2008-2009
          Foreign banking industry
          Bank loans
      ab: The article looks at how the 2008-09 global financial shock affected foreign bank lending to Latin American countries. It explores three factors that affected foreign bank lending, namely, the freezing of the international markets, the deterioration of the financial health of parent banks in developed economies and more restrictive lending standards. It adds that the effects of the crisis were less in countries where foreign bank lending was done through local affiliates in domestic currency.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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