Latin American banking sector has undergone tremendous changes over the years as a result of changes in regulation, globalization and developments in Telecommunications and Information Technology. A very important development has been financial liberalization where Latin America opened its doors...

Given all the ambiguities about the outcomes of the financial liberalization process, it is relevant to ask what the systematic, cross-country evidence reveals on several questions, including: What happens to key macroeconomic and variables following domestic and external financial...

The case studies collected in this volume provide insights into that and other related policy questions by examining what drives saving in Latin America. The studies cover Argentina, Chile, Colombia, Mexico, Peru, Uruguay, and Venezuela and span a variety of topics ranging from assessing the...