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Policy priorities to promote financial development in the context of Middle Income Trap

Published on Wednesday, December 5, 2018 | Updated on Wednesday, December 5, 2018

Policy priorities to promote financial development in the context of Middle Income Trap

This paper analyses the development of financial markets in Argentina, Colombia, Mexico and Peru in the context of the middle-income trap. This is particularly relevant for these economies, since well-developed and properly-functioning financial markets are fundamental to achieve high income status on a sustainable basis.

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