TITLE

Lessons from the financial crisis in Ecuador in 1999

AUTHOR(S)
Patino, Maria Laura
PUB. DATE
August 2001
SOURCE
Journal of International Banking Regulation;Aug2001, Vol. 3 Issue 1, p37
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Maria Laura Patino provides an insightful critique of the 1999 financial crisis in Ecuador, highlighting some of the lessons to be drawn from the crisis. The paper takes a three pronged approach, examining the general background to the financial crisis and the continuing concerns centered on the need for good governance in an emerging economy as a prerequisite for efficient regulation and supervision in a financial system, analysis of the specific characteristics that weakened the state's ability to deal with a financial crisis and an examination of the legal and institutional arrangements that underpinned intervention by the government and the financial regulatory and supervisory bodies.
ACCESSION #
7436471

 

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