Why So High?: Understanding Interest Rate Spreads in Latin America PDF
286 Pages·2000·11.165 MB·English
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Many countries in Latin America and the Caribbean have reformed their financial sectors and reaped major economic benefits as a result. However, the persistence of high interest rate spreads has been a disquieting outcome of the reforms. Why So High? presents the first systematic analysis of the micro- and macroeconomic determinants of bank spreads across the region.
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