Financial System and Economic Growth in Chile
AbstractThis paper presents a brief overview of the current state of financial development in Chile, comparing it with other countries. After providing a short summary of the most important financial reforms of past decades, we highlight the main strengths and weaknesses of Chile’s financial markets. Next, we focus on some of the currently most pressing issues, namely, stock market liquidity, financial derivatives and venture capital, and discuss whether or not recent reforms and proposed ones properly address them.
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Bibliographic InfoPaper provided by Central Bank of Chile in its series Working Papers Central Bank of Chile with number 291.
Date of creation: Dec 2004
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-02 (All new papers)
- NEP-DEV-2005-01-02 (Development)
- NEP-FIN-2005-01-02 (Finance)
- NEP-MAC-2005-01-02 (Macroeconomics)
- NEP-MFD-2005-01-02 (Microfinance)
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