Post-crisis bank behavior: lessons from Mercosur

Post-Pandemic Housing Architecture: Lessons from Covid19

Like other crises, the coronavirus epidemic has had a significant impact on our lives. As a result, the built environment has changed in order to adapt to new conditions and needs. Since Covid19 will not be the first and possibly the last epidemic, housing design must also adapt to the new reality. At present, the spatial properties of housing are influenced by strategies of social distance, qu...

Lessons from the Crisis

This chapter aims to contribute to the debate on fi nancial system reform. In the fi rst part I describe what I perceive to be a massive regulatory failure, a breakdown that goes all the way from regulatory fundamentals to prudential implementation. Although there has been some truly shocking behavior in the world of fi nance, the universal denunciation of “fi nancial madness” is pointless. Man...

Lessons from the Tequila Crisis

This paper draws several important lessons from the Tequila Crisis of 1994 and 1995. The overriding lesson is that the dynamics of ®nancial crises in emerging market countries di€er from those in industrialized countries because institutional features of their debt markets di€er. Several policy lessons for emerging market countries also emerge from the analysis: (1) pegged exchange-rate regimes...

An Early Warning System for Bankruptcy Prediction: lessons from the Venezuelan Bank Crisis

During the years 1993-94 Venezuela experienced a severe banking crisis which ended up with a total of 18 commercial banks intervened by the government. Here we develop an early warning model for detecting credit related bankruptcy through discriminant functions developed on financial and macroeconomic data predating the 1993-94 crisis. A robustness test with data from 1996-2004 performed on the...

Lessons from Bank Privatization in Central Europe