The experience of development banking in Peru: 1990-2015
Óscar Dancourt and
Renzo Jiménez Sotelo
Authors registered in the RePEc Author Service: Renzo A. Jiménez-Sotelo ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper analyzes the experience with the state financial entities in Peru and argues that their development banking activities have decreased in importance as instruments of public policy since the structural reforms implemented in the early 1990s. Like all other state enterprises, they have since been subject to discriminatory legal regulation. The four state financial companies analyzed have objectives and goals that are not integrated with one other, duplicate their efforts, and do not take advantage of the possible synergies to be obtained; therefore, none of these institutions constitutes an effective state development bank such as exists in other countries.
Keywords: bank lending; state banks; developments banks; financial analysis; financial intermediation (search for similar items in EconPapers)
JEL-codes: D80 E50 G20 H60 N26 Q14 (search for similar items in EconPapers)
Date: 2017-05-16
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:119941
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