Loans, risks, and growth: The role of government and public banking in Paraguay Export

@article{citeulike:2654085, abstract = {In Paraguay, banks are the center of the financial sector and provide the main source of external financing for corporations and small companies. Therefore, their behavior as credit providers has important effects on business investments. This paper presents a model that illustrates this fact and explains how it can be applied to any less-developed economy with a similar financial sector. In this model, the financial sector (bank loans) affects the long-run growth of the economy through the changes in the probability of loans repayment and other risks. In addition it is shown that governments have an important double role in the financial sector, providing adequate regulation and reducing specific identified market failures.}, author = {Insfran}, booktitle = {The Paraty Conference Papers: Regulation, Competition and Income distribution in Developing Countries}, citeulike-article-id = {2654085}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.qref.2006.12.009}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6W5X-4NBH22T-5/2/3e210a8ed4f01c5740aee4c929eb27d9}, doi = {10.1016/j.qref.2006.12.009}, journal = {The Quarterly Review of Economics and Finance}, keywords = {credit, growth, risk}, month = {May}, number = {2}, pages = {307--319}, posted-at = {2008-04-11 15:16:42}, priority = {2}, title = {Loans, risks, and growth: The role of government and public banking in Paraguay}, url = {http://dx.doi.org/10.1016/j.qref.2006.12.009}, volume = {48}, year = {2008} }

TY - JOUR ID - citeulike:2654085 L3 - citeulike-article-id:2654085 N2 - In Paraguay, banks are the center of the financial sector and provide the main source of external financing for corporations and small companies. Therefore, their behavior as credit providers has important effects on business investments. This paper presents a model that illustrates this fact and explains how it can be applied to any less-developed economy with a similar financial sector. In this model, the financial sector (bank loans) affects the long-run growth of the economy through the changes in the probability of loans repayment and other risks. In addition it is shown that governments have an important double role in the financial sector, providing adequate regulation and reducing specific identified market failures. IS - 2 JF - The Quarterly Review of Economics and Finance EP - 319 TI - Loans, risks, and growth: The role of government and public banking in Paraguay VL - 48 T2 - The Paraty Conference Papers: Regulation, Competition and Income distribution in Developing Countries SP - 307 KW - credit KW - growth KW - risk AU - Insfran PY - 2008/05// UR - http://dx.doi.org/10.1016/j.qref.2006.12.009 ER -