01813cas a2200241 a 4500 AALejournalIMF000470 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856095 1018-5941 BD-DhAAL BD-DhAAL Garcia-Herrero, Alicia. Banking Crises in Latin America in the 1990's : Lessons From Argentina, Paraguay, and Venezuela / Alicia Garcia-Herrero. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (70 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Recent banking crises in Argentina, Paraguay, and Venezuela suggest that the macroeconomic impact is influenced by the causes of the crisis, the exchange rate regime, the degree of dollarization, and the structure of the banking system. Crises stemming from both macroeconomic and bank-specific causes had the largest macroeconomic impact. Countries with high dollarization and a large share of foreign and government-owned banks maintained a more stable deposit base, at least temporarily, by shifting to dollar-denominated deposits and foreign and government-owned banks. Countries that responded with a rapid, consistent, and comprehensive policy response reduced the negative macroeconomic consequences of their crises. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/140 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/140/001.1997.issue-140-en.xml IMF e-Library