01957cas a2200253 a 4500 AALejournalIMF001894 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847390 1018-5941 BD-DhAAL BD-DhAAL Barajas, Adolfo. Credit Stagnation in Latin America / Adolfo Barajas, Roberto Steiner. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (49 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 This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the study of eight countries (Argentina, Bolivia, Brazil, Chile, Colombia, Peru, Mexico, and Venezuela), the magnitude of the slowdown is documented, comparing it to historical behavior and to slowdown episodes in other regions of the world. Second, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in bank deposits, or whether the asset side has changed. Third, following an econometric disequilibrium approach used in recent studies of credit slowdowns in East Asia and Finland, the paper investigates possible causes for the slowdown in three countries: Colombia, Mexico, and Peru. While both supply and demand factors appear to have played key roles, their relative importance has varied across countries. Mode of access: Internet Steiner, Roberto. IMF Working Papers; Working Paper ; No. 2002/053 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/053/001.2002.issue-053-en.xml IMF e-Library