Publication
Mar 2013
This paper focuses on three macroprudential tools utilized in the Andean region: countercyclical capital requirements, countercyclical loan-loss provisioning requirements, and liquidity requirements. In each case, the specifics of the policy instrument is described and compared across countries. Among the Andean countries, Colombia and Peru have been the most active in implementing countercyclical macroprudential regulations.
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English (PDF, 48 pages, 1.0 MB) |
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Author | Arturo J Galindo, Liliana Rojas-Suarez, Marielle del Valle |
Series | CGD Working Papers |
Issue | 319 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2013 Center for Global Development (CGD) |