1.

Record Nr.

UNINA9910828590003321

Autore

Torre Augusto de la

Titolo

Financial development in Latin America and the Caribbean : : the road ahead / / by a team led by Augusto de la Torre, Alain Ize, and Sergio L. Schmukler

Pubbl/distr/stampa

Washington, D.C. : , : World Bank, , c2012

ISBN

1-283-37510-9

9786613375100

0-8213-8936-X

Descrizione fisica

xvi, 256 pages : color illustrations ; ; 27 cm

Collana

World Bank Latin American and Caribbean studies

Altri autori (Persone)

IzeAlain

SchmuklerSergio L

Disciplina

332.098

Soggetti

Economic development - Latin America

Economic development - Caribbean Area

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Overview -- Financial development: bright side, patterns, paths, and dark side -- Domestic financial development: where does LAC stand? -- Financial globalization: where does LAC stand? -- Financial inclusion: where does LAC stand? -- The banking gap -- The equity gap -- Going long -- Risk bearing by the state: a collective action perspective -- Prudential oversight: where does LAC stand? -- Macroprudential policies over the cycle in LAC -- Microsystemic regulation -- Systemic supervision -- Summary of policy directions for the road ahead.

Sommario/riassunto

During the 1980's and 1990's, 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 During the 1980's and 1990's, 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,