Details

Autor(en) / Beteiligte

• Ivan Guerra
• Hemant Shah
• Ana Carvajal
• Geoffrey J. Bannister
• Jorge A. Chan-Lau

Titel

Equity and Private Debt Markets in Central America, Panama, and the Dominican Republic

Auflage

1

Ort / Verlag

Washington: International Monetary Fund

Erscheinungsjahr

2007

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• 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.