TY - BOOK AU - Imam,Patrick A. AU - Jácome,Luis Ignacio AU - Nier,Erlend TI - Building Blocks for Effective Macroprudential Policies in Latin America: Institutional Considerations T2 - IMF Working Papers; Working Paper SN - 1475505310 : SN - 1018-5941 PY - 2012/// CY - Washington, D.C. PB - International Monetary Fund KW - Banking Crises KW - imf KW - Banking KW - Financial Institutions and Services: Government Policy and Regulation KW - Financial Institutions KW - Financial System KW - Macrorpudential Policy KW - Brazil KW - Chile KW - Mexico KW - Peru KW - Uruguay N2 - An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger macroprudential policy function. This paper analyzes existing arrangements for financial stability in Latin America and examines key issues to consider when designing the institutional foundations for effective macroprudential policies. The paper focuses primarily on eight Latin American countries, where the institutional arrangements for monetary and financial policies can be classified in two distinct groups: the "Pacific" model that includes Chile, Colombia, Peru, Costa Rica, and Mexico, and the "Atlantic" model, comprising Argentina, Brazil, and Uruguay UR - http://elibrary.imf.org/view/IMF001/12941-9781475505313/12941-9781475505313/12941-9781475505313.xml UR - http://www.imfbookstore.org/IMFORG/9781475505313 ER -