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Intermediarios financieros no bancarios en América Latina: ¿banca paralela?

Author

Listed:
  • Fanny Warman D.

    (Centro de Estudios Monetarios Latinoamericanos)

  • María José Roa

    (Centro de Estudios Monetarios Latinoamericanos)

Abstract

La banca paralela (BP) en las economías emergentes se comprende menos y ha sido mucho menos estudiada que en las economías desarrolladas. La falta de datos es una de las razones fundamentales. El objetivo de este trabajo es proporcionar datos y analizar la BP en un grupo heterogéneo de países de América Latina. De nuestro trabajo se concluye que para el caso de América Latina la naturaleza de la BP es distinta a la de las economías desarrolladas. Si bien en algunos países se realizan actividades de titulizaciones o bursatilizaciones, estas son relativamente pequeñas. Para el grupo de países revisados parece difícil y hasta un poco ambicioso hablar de BP por las siguientes razones: 1) el sistema financiero de estos países está dominado en mayor o menor medida por el sector bancario, y los intermediarios financieros no bancarios representan una proporción muy pequeña del total de activos del sistema financiero; 2) el sistema financiero es relativamente simple comparado con el refinamiento de los sistemas financieros desarrollados; y 3) los intermediarios financieros no bancarios en su mayoría están regulados y supervisados por las mismas autoridades que norman al sector bancario, con excepción de ciertas entidades de inclusión financiera, como las cooperativas

Suggested Citation

  • Fanny Warman D. & María José Roa, 2014. "Intermediarios financieros no bancarios en América Latina: ¿banca paralela?," Documentos de Investigación - Research Papers 16, CEMLA.
    • Handle: RePEc:cml:docinv:16
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Sistemas financieros; Intermediarios Financieros no bancarios; Banca paralela; Shadow Banking; Regulación; América Latina.;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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