Financial Stability Reports in Latin America and the Caribbean

Journal of Banking and Financial Economics

Cheng Hoon Lim¹  Marco Pani¹  Claudio Visconti¹  Alexander D. Klemm²  Sumiko Ogawa² 

[1] International Monetary Fund, USA ;International Monetary Fund, USA;

关键词: financial stability report;    financial supervision;   

DOI  :  10.7172/2353-6845.jbfe.2019.1.3

来源: DOAJ

【 摘 要 】

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.

【 授权许可】

Unknown