Financial Integration in Latin America
Author： Mr.Charles Enoch Wouter Bossu Carlos Caceres Ms.Diva Singh
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2017
E-ISBN: 9781475577143
Subject： F015 宏观经济学;F8 Finances;F83 financial, banks
Keyword： Financial integrationCross-border banking
Language： ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Financial Integration in Latin America
Description
With growth slowing across much of the Latin America as a result of the end of the commodity supercycle and economic rebalancing in China, as well as fragmentation of the international banking system, policies to stimulate growth are needed. This book examines the financial landscapes of seven Latin American economies—Brazil, Chile, Colombia, Mexico, Panama, Peru, and Uruguay—and makes a case for them to pursue regional financial integration. Chapters set out the benefits to the region of financial integration, the barriers to cross-border activity in banks, insurance companies, pension funds, and capital markets, as well as recommendations to address these barriers. Finally, the volume makes the case that regional integration now could be a step toward global integration in the short term.
Chapter