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Financing Development in Latin America

Financing Development in Latin America
Author: Keith B. Griffin
Publisher: London : Macmillan ; New York : St. Martin's Press
Total Pages: 280
Release: 1971
Genre: Business & Economics
ISBN:

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Textbook on methods of raising capital resources and the problem of resource allocation to achieve a high level of investment and economic growth in Latin America - focuses on the problem of savings, in both the private sector and public sector, and attempts to explain why such a large proportion of the economic surplus is diverted into relatively unproductive uses. Annotated bibliography pp. 246 to 253 and statistical tables.


Remittances and Development

Remittances and Development
Author: Pablo Fajnzylber
Publisher: World Bank Publications
Total Pages: 410
Release: 2008-02-08
Genre: Business & Economics
ISBN: 0821368710

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Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.


Financing Development in Latin America

Financing Development in Latin America
Author: Jean-Claude Garcia-Zamor
Publisher: Praeger Publishers
Total Pages: 354
Release: 1980-05-01
Genre: Social Science
ISBN: 9780275904876

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Development Centre Seminars Global Finance from a Latin American Viewpoint

Development Centre Seminars Global Finance from a Latin American Viewpoint
Author: OECD
Publisher: OECD Publishing
Total Pages: 138
Release: 2000-03-09
Genre:
ISBN: 9789264181090

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The Inter-American Development Bank and the OECD Development Centre created the International Forum on Latin American Perspectives as an annual meeting place of ideas and strategies from Latin America and from the OECD region. The tenth meeting of ...


Finance for Development

Finance for Development
Author: Barbara Stallings
Publisher: Rowman & Littlefield
Total Pages: 326
Release: 2006-03-08
Genre: Business & Economics
ISBN: 0815797915

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A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication Access to finance is critical in setting the course for development in emerging market economies. In this innovative study, which provides the first book-length analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine the dramatic changes resulting from financial liberalization in the region. The authors begin by discussing the critical transformations taking place in Latin America since 1990—a period marked by acceleration toward a new open, market-oriented development model, and away from a semi-closed model relying heavily on the state. Stallings and Studart examine changes in ownership of the financial sector and government regulation of banking, evaluate the role of capital markets as a source of finance, and compare Latin America's financial sector to that of East Asia. The second section of the book features case studies that demonstrate the changes occurring in Chile, Mexico, and Brazil with particular reference to finance for investment and access to credit. The authors conclude with a set of policy recommendations aimed at strengthening Latin American banks and capital markets so that they can play a greater role in supporting economic development.


Emerging Issues in Financial Development

Emerging Issues in Financial Development
Author: Tatiana Didier
Publisher: World Bank Publications
Total Pages: 587
Release: 2013-12-17
Genre: Business & Economics
ISBN: 0821398288

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This book synthesizes the results of a comprehensive analysis of the status, prospects, and challenges of sustainable financial development in Latin America, as well as the lessons for developed and developing countries.


Advancing Financial Development in Latin America and the Caribbean

Advancing Financial Development in Latin America and the Caribbean
Author: Dyna Heng
Publisher: International Monetary Fund
Total Pages: 32
Release: 2016-04-12
Genre: Business & Economics
ISBN: 1484326814

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This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the region compares favorably with other emerging market regions on this dimension. The region, however, continues to lag behind peers on broader financial development, especially with respect to markets, though there is substantial heterogeneity across countries. Financial systems in many LAC countries are also underdeveloped relative to their macroeconomic fundamentals. Further financial development could convey net benefits to the region, provided there is adequate regulatory oversight to prevent excesses.


Financing for Development in Latin America and the Caribbean

Financing for Development in Latin America and the Caribbean
Author: Andrés Franco Vasco
Publisher:
Total Pages: 234
Release: 2001
Genre: Business & Economics
ISBN:

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Since the early 1990s, the nations of Latin America and the Caribbean (LAC) have joined other developing countries to bring the issue of financing for development to the agenda of the United Nations. Although the discussion had begun earlier in the 1980s, it was not until 1997, when a financial crisis hit many developing countries, that a decision was made to convene an international forum. What is the role and what are the sensitivities and perspectives of LAC in regard to financing for development? This book attempts to provide a comprehensive answer to this question, taking into account the need to prevent external crises in the future, to reduce the vulnerability of the region, to reform the international financial system, and to minimize the social impact of these factors.


Financial Development in Latin America

Financial Development in Latin America
Author: Augusto de la Torre
Publisher: World Bank Publications
Total Pages: 43
Release: 2006
Genre: Crisis financiera - America Latina
ISBN:

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"This paper argues that the dominant policy paradigm on financial development is increasingly insufficient to address big emerging issues that are particularly relevant for financial systems in Latin America. This paradigm was shaped over the past decades by a fundamental shift in thinking toward market-based financial development and a complex process of financial crises interpretation. The result has been a richly textured policy paradigm focused on promoting financial stability and the convergence to international standards. It argues, however, that there is a growing dissonance between the current paradigm and the emerging issues, which is illustrated by discussing challenges in three areas: stock markets, small and medium enterprise loans, and defined-contribution pension funds. The paper concludes that the dominant policy paradigm is ill-suited to provide significant guidance in relation to the big emerging issues. It emphasizes the need to take a fresh look at the evidence, improve the diagnoses, revisit expectations, and revise the paradigm. "--World Bank web site.


Financial Development in Latin America and the Caribbean

Financial Development in Latin America and the Caribbean
Author: Augusto de la Torre
Publisher: World Bank Publications
Total Pages: 299
Release: 2011-11-30
Genre: Business & Economics
ISBN: 082138936X

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During the 1980s and 1990s, financial sectors were the Achilles heel of economic development in Latin America and the Caribbean (LAC). Since then, these sectors have grown and deepened, becoming more integrated and competitive, with new actors, markets, and instruments springing up and financial inclusion broadening. To crown these achievements, the region s financial systems were left largely unscathed by the global financial crisis of 2008 09. Now that the successes of LAC s macrofinancial stability are widely recognized and tested, it is high time for an in-depth stocktaking of what remains to be done. Financial Development in Latin America and the Caribbean: The Road Ahead provides both a stocktaking and a forward-looking assessment of the region s financial development. Rather than going into detail about sector-specific issues, the report focuses on the main architectural issues, overall perspectives, and interconnections. The report s value added thus hinges on its holistic view of the development process, its broad coverage of the financial services industry beyond banking, its emphasis on benchmarking, its systemic perspective, and its explicit effort to incorporate the lessons from the recent global financial crisis. Financial Development in Latin America and the Caribbean: The Road Ahead builds on and complements several overview studies on financial development in both LAC countries and the developing world that were published in the past decade. It will be of interest to policy makers and financial analysts interested in improving the financial sector in the LAC region.