Latin American Capital Markets

viFOCUS ON CAPITALFocus on Capital: New Approaches to Developing Latin American Capital Marketsis part of the Bank's strategy in the area of local capital market developmentThebook analyzes the status of the markets in the region and identifies the technical andpolitical challenges to making capital markets functioning and efficient.The fundamental message of the book is that capital market developmentconstitutes a value, an asset that belongs to the overall Latin American and Caribbeancommunity, and that policymakers have to provide vision, leadership, and commitmentto move ahead. In its dialogue with the countries, the Inter-American DevelopmentBank will continue to support reforms to build vibrant capital markets, to increasethe efficiency benefits of regional economic and financial integration, and toallow full participation in the global economy.Carlos M. Jarque, ManagerSustainable Development DepartmentInter-American Development BankCopyright © by the Inter-American Development Bank. All rights reserved.For more information visit our website: www.iadb.org/pub