Entry and Exit of Banks in Latin America and the Caribbean: Public Policy Concerns and a Proposed Solution

20 Pages Posted: 20 Apr 2011

See all articles by George J. Benston

George J. Benston

Emory University - Department of Accounting

Date Written: August 1997

Abstract

Banking authorities must resolve or otherwise deal with existing banks that are weak or insolvent without imposing costs on consumers or taxpayers. Two aspects of this concern should be delineated. First, how can banking regulations be structured so that the future exit of weak and insolvent banks would be relatively costless? Next, how can the authorities resolve existing weak and insolvent banks without imposing costs on depositors or taxpayers?

Suggested Citation

Benston, George J., Entry and Exit of Banks in Latin America and the Caribbean: Public Policy Concerns and a Proposed Solution (August 1997). IDB Working Paper No. 297, Emory Law and Economics Research Paper No. 11-103, Emory Public Law Research Paper No. 11-159, Available at SSRN: https://ssrn.com/abstract=1815986 or http://dx.doi.org/10.2139/ssrn.1815986

George J. Benston (Contact Author)

Emory University - Department of Accounting ( email )

Goizueta Business School
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Atlanta, GA 30322
United States
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