Financial System and Economic Growth in Chile

Leonardo Hernández and Fernando Parro

Working Papers Central Bank of Chile from Central Bank of Chile

Abstract: This 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.

Date: 2004-12
New Economics Papers: this item is included in nep-dev, nep-fin, nep-mac and nep-mfd
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:chb:bcchwp:291

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