 Pietro Masci, Kenroy Dowers, Felipe Gomez Acebo Developing a strategy for reform of capital markets in Latin America and the Caribbean HP Exchange handbook - 2001
Capital markets in Latin America and the Caribbean
In reviewing the development of domestic capitai markets in Latin America during the last decade, it is necessary to first review the macroeconomic situation during that same period.
With some exceptions, during the last decade, sound macroeconomic poilcies, market liberalization and the privatization of state enterprises have restored economic growth in Latin American and Caribbean countries.
However, the improving macroeconomic situation has not always been reflected in the region's capitai markets, which have been marked by numeraus market crises, weaknesses and volatility.
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(06/01/2001)
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