IDEAS home Printed from https://ideas.repec.org/a/psl/bnlqrr/199834.html
   My bibliography  Save this article

The real stabilisation plan and the banking sector in Brazil

Author

Listed:
  • F.J. CARDIM DE CARVALHO

    (Federal University of Rio de Janeiro)

Abstract

The performance of the Brazilian banking industry after price stabilisation and threat of a systemic crisis is evaluated. A theoretical approach to banking crisis as a possible result of credit expansion is developed. The results indicate that problems encountered by the Brazilian banking industry in 1995 were bank-specific and did not constitute a bank crisis. Banks which were over-extended or had unsound credit facilities were denied funds in the interbank credit markets. However, financially sound banks were able to make the transition to price stability conditions, partly due to a successful government support program.

Suggested Citation

  • F.J. Cardim De Carvalho, 1998. "The real stabilisation plan and the banking sector in Brazil," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 51(206), pages 291-326.
    • Handle: RePEc:psl:bnlqrr:1998:34
    as

    Download full text from publisher

    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10600/10484
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Carmem Aparecida Feijo & Fernando J. Cardim De Carvalho, 1992. "The Resilience of High Inflation: Recent Brazilian Failures with Stabilization Policies," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 15(1), pages 109-124, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fernando J. Cardim de Carvalho, 2000. "New competitive strategies of foreign banks in large emerging economies: the case of Brazil," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 53(213), pages 135-169.
    2. Rapetti, Martin & Palazzo, Gabriel & Waldman, Joaquin, 2023. "Planes de estabilización: Evidencia de América Latina [Stabilization plans: Evidence from Latin America]," MPRA Paper 118910, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fernando J. Cardim De Carvalho, 2016. "Looking into the abyss? Brazil at the mid-2010s," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 39(1), pages 93-114, January.
    2. A. Saad-Filho, 1998. "Currency Stabilisation under Conditions of International Capital Mobility: The Case of Brazil," CIBS Research Papers in International Business 13-98, London South Bank University CIBS.

    More about this item

    Keywords

    Financial Services; Finance and Insurance; Banking industry; Currency stabilisation; Brazil;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G01 - Financial Economics - - General - - - Financial Crises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:psl:bnlqrr:1998:34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlo D'Ippoliti (email available below). General contact details of provider: http://www.economiacivile.it .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.