Banking failures in Chile during the period of financial liberalisation

It is argued that the banking crisis in Chile had its origin in the deterioration of key macroeconomic variables and that financial liberalisation played a secondary role. Proponents contend that no financial system can be expected to withstand a fall in output of nearly 15% in 1982 and they draw pa...

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Bibliographic Details
Main Author: Araya Gómez, Ivan
Published: University of Nottingham 1996
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.339647