1.

Record Nr.

UNINA9910792706803321

Autore

Enoch Charles

Titolo

Financial Integration in Latin America : : A New Strategy for a New Normal / / Charles Enoch, Wouter Bossu, Carlos Caceres, Diva Singh

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7713-3

1-4755-7714-1

Descrizione fisica

1 online resource (207 pages) : illustrations (some color), graphs, tables

Altri autori (Persone)

BossuWouter

CaceresCarlos

SinghDiva

Disciplina

337.18

Soggetti

Banks and Banking

Finance: General

Insurance

Public Finance

Industries: Financial Services

Exports and Imports

General Financial Markets: General (includes Measurement and Data)

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Social Security and Public Pensions

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Insurance Companies

Actuarial Studies

General Financial Markets: Government Policy and Regulation

Finance

Pensions

Banking

Insurance & actuarial studies

International economics

Insurance companies

Financial integration



Pension spending

Financial institutions

Financial markets

Expenditure

Regional integration

Economic integration

International finance

Banks and banking

Financial services industry

Latin America Economic integration

Brazil

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

Foreword -- Preface -- Acknowledgements -- 1. Introduction / Charles Enoch -- 2. Benefits of more global and regional financial integration in Latin America / Luc Eyraud, Diva Singh, Bennett Sutton -- 3. Barriers to integration in banking / Iulia Ruxandra Teodoru -- 4. Barriers to integration in the insurance sector / Alla Myrvoda, Bennett Sutton -- 5. Barriers to integration for pension funds / Alla Myrvoda -- 6. Barriers to integration in capital markets / Alla Myrvoda, Bennett Sutton -- 7. Legal barriers to regional financial integration in Latin America / Laura Lorenzo, Wouter Bossu -- 8. Regional initiatives to achieve financial integration / Charles Enoch, Iulia Ruxandra Teodoru -- 9. Risks and mitigation for financial integration / Mohamed Afzal Norat, Carlos Caceres -- Appendix 1. Brazil -- Appendix 2. Chile -- Appendix 3. Colombia -- Appendix 4. Mexico: financial system overview -- Appendix 5. Panama -- Appendix 6. Peru -- Appendix 7. Uruguay -- Index.

Sommario/riassunto

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.