March 2013
Macroprudential Regulations in Central America
This paper discusses the potential usefulness of implementing a macroprudential approach in Central America. The authors argue that regulations that minimize the eruption of credit booms and busts are warranted. Simulation exercises also suggest significant potential benefits for the stability of financial systems in the region.
© 2013 Center for Global Development (CGD)
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Author:
Alejandro Izquierdo, Rudy Loo-Kung, Liliana Rojas-Suarez
Series:
Issue:
318
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