Financial integration in Latin America : a new strategy for a new normal
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.
- Paperback | 226 pages
- 149.86 x 230 x 15.24mm | 358.34g
- 05 Apr 2017
- International Monetary Fund (IMF)
- Washington DC, United States
About Wouter Bossu
The International Monetary Fund (IMF) is an international organization of 185 Member Countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries in order to help ease balance of payments adjustments.