Description |
1 online resource (130 pages) |
Series |
1\ IMF Working Papers; Working Paper ; No. 07/288, 1018-5941 |
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IMF Working Papers; Working Paper ; No. 07/288
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Summary |
This study focuses on equity, private debt, and asset-backed securities markets in Central America. These markets are generally under-developed throughout the region due to several structural problems, economic and political factors, and weaknesses in regulation and in institutional investor base. The paper identifies key country-specific recommendations to strengthen securities laws, regulatory oversight, market infrastructure, investor base, and new products such as asset-backed securities. Despite these efforts, developing seven viable private capital markets is a difficult goal. The paper thus also explores the benefits and difficulties of creating a single capital market in a region still short of full economic integration |
Notes |
Description based on print version record |
Form |
Electronic book
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Author |
Bannister, Geoffrey J
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Carvajal, Ana
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Chan-Lau, Jorge A
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Guerra, Ivan
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Shah, Hemant
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ISBN |
1451868510 |
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9781451868517 |
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