Why So High? Understanding Interest Rate Spreads in Latin America - Softcover

Rojas-Suarez, Liliana; Brock, Philip

 
9781886938748: Why So High? Understanding Interest Rate Spreads in Latin America

Synopsis

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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