Catalogue


Central America : structural foundations for regional financial integration /
[prepared by] a staff team led by Patricia Brenner.
imprint
Washington, D.C. : International Monetary Fund, c2006.
description
xi, 127 p. : ill. ; 28 cm.
ISBN
1589064925
format(s)
Book
Holdings
More Details
imprint
Washington, D.C. : International Monetary Fund, c2006.
isbn
1589064925
standard identifier
9781589064928
contents note
Overview and background / Patricia Brenner and Jens Clausen -- Consolidated supervision of financial groups in Central America / Patricia Brenner and R. Armando Morales -- Development of the insurance sector / Daniel Hardy and Miguel Palomino -- Payment and securities settlement systems / Massimo Cirasino and Mario Guadamillas -- Migrant remittances in Central America / Dilip Ratha.
general note
"Prepared as part of the Central America Financial Sector Regional Project (FSRP) by staff of the IMF's Monetary and Financial Systems Department and Legal Department and of the World Bank. The countries covered in the FSRP comprise the six Spanish-speaking countries of Central America: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama"--Pref.
catalogue key
6014347
 
Includes bibliographical references.
A Look Inside
Summaries
Main Description
This book was prepared as part of the Central America Financial Sector Regional Project (FSRP). The countries covered in the FSRP comprise the six Spanish-speaking countries of Central America: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Although relatively small, they are large as a group and confront many common policy challenges. With about 40 million people, Central America's population is as large as Spain's or Argentina's. Besides geographic proximity and a common language, the region shares a dependence on raw material exports, close economic ties to the United States, and vulnerabilities to natural disasters and terms-of-trade shocks. Several of the countries have also suffered from long periods of civil strife, which slowed economic growth generally, and hampered the development of legal and judicial systems. The chapters cover: an overview of the principal issues and findings of the project; background on financial development and soundness in the six countries; trends in regional financial integration and supervisory responses; development of the insurance sector; development of payment and securities settlement arrangements; and worker remittances.

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