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

F. Alfonso Arellano, Olga Gouveia, Sebastian Nieto-Parra, Jose Rene Orozco and Rebeca Peers

No 18/15, Working Papers from BBVA Bank, Economic Research Department

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.

Keywords: Working Paper; Global Economy; Latin America; Argentina; Colombia; Mexico; Peru (search for similar items in EconPapers)
JEL-codes: G21 G28 O16 O54 (search for similar items in EconPapers)
Date: 2018-12
New Economics Papers: this item is included in nep-fdg
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