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Policy priorities to promote financial development in the context of Middle Income Trap

Author

Listed:
  • Alfonso Arellano
  • Olga Gouveia
  • Sebastian Nieto-Parra
  • Jose Rene Orozco
  • Rebeca Peers

Abstract

This paper analyses the development of financial markets in Argentina, Colombia, Mexico and Peru in the context of the middle-income trap. This is particularly relevant for these economies, since well-developed and properly-functioning financial markets are fundamental to achieve high income status on a sustainable basis.

Suggested Citation

  • Alfonso Arellano & Olga Gouveia & Sebastian Nieto-Parra & Jose Rene Orozco & Rebeca Peers, 2018. "Policy priorities to promote financial development in the context of Middle Income Trap," Working Papers 18/15, BBVA Bank, Economic Research Department.
    • Handle: RePEc:bbv:wpaper:1815
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    Working Paper ; Global Economy ; Latin America ; Argentina ; Colombia ; Mexico ; Peru;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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