Bookcover of Financial Crisis in Latin America
Booktitle:

Financial Crisis in Latin America

Consequences for Spain's Banks

VDM Verlag Dr. Müller (2009-09-01 )

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ISBN-13:

978-3-639-19405-0

ISBN-10:
3639194055
EAN:
9783639194050
Book language:
English
Blurb/Shorttext:
The purpose of this book is to discuss the importance of foreign banks for the Latin American emerging markets’ financial sectors and the consequences of periods of financial and economic crisis for those banks, putting special emphasis on the situation of Spanish Banco Santander and BBVA. The macroeconomic determinants of recent periods of crisis in Latin America are analyzed and positive future growth perspectives are examined. The fact that Spanish banks did not cut and run in times of crisis, but stayed in the region and increased their presence has to be especially stressed. Based on the lessons Spanish banks have drawn from their involvement in Latin America, this work offers a five-point scheme for bank internationalization in emerging markets and for responsible management of uncertainty and economic volatility. Vienna, November 2005
Publishing house:
VDM Verlag Dr. Müller
Website:
http://www.vdm-verlag.de
By (author) :
Andreas Pichler
Number of pages:
132
Published on:
2009-09-01
Stock:
Available
Category:
Economics
Price:
59.00 €
Keywords:
Financial sector foreign direct investment, bank internationalization, Latin America

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