01708cas a2200241 a 4500 AALejournalIMF010049 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451961850 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Liberalization, Crisis, Intervention : The Chilean Financial System, 1975-1985. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (76 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 paper surveys the evolution of the Chilean financial system from 1975 to 1985, analyzes the causes and the consequences of the major crisis in the financial system during 1981-83, and examines the measures adapted to contain the crisis and restore the financial system to normalcy. The analysis suggests that certain features of the financial sector--growing loans of dubious quality, limited central bank supervision--raised the vulnerability of the sector to the external shocks and macroeconomic policy changes experienced by Chile. Channels through which financial sector troubles may have exacerbated the impact of real shocks are also explored. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/066 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/066/001.1988.issue-066-en.xml IMF e-Library