00734nam a2200085Ia 4500100002600000245007100026260000900097520052500106583001700631 aMachinea, José Luis aLess volatile growth? The role of regional financial institutions c2007 aDiscusses the role that could be played by regional financial institutions in coping with external shocks in the Latin American context. Notes that these institutions need to be seen as supplementing global institutions rather tha replacing them. Focuses on the potential for extending the geographical coverage of the Latin American Reserve Fund (FLAR). Discusses the need to stimulate the development of financial markets for government securities with characteristics that make contingencies easier to cope with.\n c9/9/09kJOYD