Financial Stability Reports in Latin America and the Caribbean
42 Pages Posted: 12 May 2017
Date Written: March 2017
Many countries in Latin America and the Caribbean now publish financial stability reports. This study reviews their latest issues to assess their content, quality, and transparency. 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, forward-looking, 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.
Keywords: Bahamas, The, Barbados, Dominica, Dominican Republic, Antigua and Barbuda, Grenada, Haiti, Jamaica, Trinidad and Tobago, Western Hemisphere, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Financial crises, Financial Stability Report; Financial Supervision, Financial Stability Report, Financial Supervision, Government Policy and Regulation
JEL Classification: G01, G18, G28
Suggested Citation: Suggested Citation