Financial Stability Reports in Latin America and the Caribbean

• Authors: Cheng Hoon Lim , Alexander D. Klemm , Sumiko Ogawa , Marco Pani , Claudio Visconti

Abstracts

EN

Many countries in Latin America and the Caribbean now publish financial stability reports. They use FSRs as a tool for financial surveillance and communication. This study reviews their latest issues to assess their content, quality, and transparency, and the extent to which the country’s macrofinancial and institutional context affect the quality of the publications. While some reports provide a strong analysis of risks and vulnerabilities, there are significant cross-country differences, and many reports could be improved by adopting a more comprehensive, forwardlooking, and thematic assessment of financial stability. A well thought out communication strategy, including a regular and predictable publication schedule and an easily accessible website, is also important to enhance the impact of the reports. Data gaps, particularly at the disaggregated level, are material and need to be urgently addressed.

Keywords

EN

Financial Stability Report; Financial Supervision

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Journal of Banking and Financial Economics
• Year: 2019
• Issue: 1(11)
• Pages: 46-78

Dates

published

2019

Contributors

author

Cheng Hoon Lim

• International Monetary Fund, USA

author

Alexander D. Klemm

• International Monetary Fund, USA

author

Sumiko Ogawa

• International Monetary Fund, USA

author

Marco Pani

• International Monetary Fund, USA

author

Claudio Visconti

• International Monetary Fund, USA

References

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Identifiers

DOI

10.7172/2353-6845.jbfe.2019.1.3

Biblioteka Nauki

2041937