Financial System Soundness in the Caribbean: An Initial Assessment
Electronic Access:
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Summary:
A survey of the financial systems of Caribbean countries reveals systems dominated by banks, with services widely available. Jamaica is the only country to have experienced a financial crisis. The paper describes recent improvements in the regulatory framework, and examines factors, which affect the soundness of the financial system, using both intuitive and econometric methodologies. The study identifies regulatory improvements that are needed, as well as additional data and analysis required to complete the assessment, which revealed no new threats to the financial system.
Series:
Working Paper No. 2001/123
Subject:
Banking Commercial banks Credit bureaus Economic sectors Financial institutions Financial markets Financial sector Financial services Insurance companies
English
Publication Date:
August 1, 2001
ISBN/ISSN:
9781451854619/1018-5941
Stock No:
WPIEA1232001
Pages:
37
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