00809nam a2200121Ia 4500 20260716043946.0 Machinea, José Luis Less volatile growth? The role of regional financial institutions 2007 Discusses 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 9/9/09 JOYD A 57637 57637