Domestic capital formation, financial intermediation and economic development in Peru

Bernhard Fischer

No 277, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: This paper focusses on the reasons of the poor performance of domestic resource mobilization in Peru. It begins with an analysis of the structure of domestic savings and its changes in the course of economic development (Section II) . After the description of the Peruvian financial sector (Section III) financial policies since the early 1970 are reviewed and the effects of financial repression discussed (Section IV). Finally some policy suggestions to improve domestic resource mobilization are presented.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:277

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