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    Why So High?: Understanding Interest Rate Spreads in Latin America

    Posted By: insetes
    Why So High?: Understanding Interest Rate Spreads in Latin America

    Why So High?: Understanding Interest Rate Spreads in Latin America By Philip Lawton Brock, Liliana Rojas-Suárez
    2000 | 286 Pages | ISBN: 1886938741 | PDF | 12 MB


    Many countries in Latin America and the Caribbean have reformed their financial sectors and reaped major economic benefits as a result. However, the persistence of high interest rate spreads has been a disquieting outcome of the reforms. Why So High? presents the first systematic analysis of the micro- and macroeconomic determinants of bank spreads across the region.