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

Format:

Book

Government document

Author/Creator:

Enoch, Charles.

Contributor:

Bossu, Wouter.

Caceres, Carlos.

Singh, Diva.

International Monetary Fund.

Series:

Books

Language:

English

Subjects (All):

Latin America--Economic integration.

Latin America.

Physical Description:

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

Edition:

1st ed.

Place of Publication:

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

Summary:

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.

Contents:

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.

Notes:

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

Description based on print version record.

ISBN:

9781475577136

1475577133

9781475577143

1475577141

OCLC:

983743041