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In this text, policymakers, academicians, and bankers examine the main causes of banking crises in Latin America, how governments can manage them more effectively, and how they can be prevented. The six sections of the book focus on the salient features of Latin American Banking systems, the macroeconomic factors leading to bank difficulties, and the particular constraints that make the management of banking crises more complicated in Latin America than in industrial countries. Policy recommendations at both the macro- and microeconomic level aim to improve the resilience of banking systems to unanticipated shocks. The last section of the book turns the focus to experiences of individual countries.