Wednesday, 30th November 2011
Financial Development in Latin America and the Caribbean: the Road Ahead
Source: World Bank
From the press release:
While the economic crisis relentlessly ravages Europe and the United States, Latin American countries anxiously wait on the sidelines of this event. The crisis could dampen the regional trend of solid growth during the past decade.
In this context, the question is whether Latin American banking and financial systems are sufficiently solid to withstand an extension –for which they must be prepared– and a hypothetical intensification of the current global economic situation.
The response to this question is positive, according to the study Financial Development in Latin America and the Caribbean: the Road Ahead. In light of their improved macroeconomic policy frameworks and quality of financial oversight, the study concluded that these systems are stable and solid. However, the report states that several challenges remain, both at the level of consumers and the system.
+ Link to full report (PDF; 2.31 MB)
By Peggy Garvin
Peggy Garvin, of Garvin Information Consulting, is the author of United States Government Internet Directory (Bernan Press) and Real World Research Skills, 2009 (TheCapitol.Net). In her 20 years in the information business, Peggy has managed electronic information products and services in a variety of environments, including commercial publishing, e-commerce, law firms, and the Congressional Research Service of the Library of Congress. Peggy's work has been recognized with the 2011 SLA Dow Jones Leadership Award. She has a Masters of Library Science degree from Syracuse University School of Information Studies.
More articles by Peggy Garvin »
Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.