1945

Integration into international financial markets in the current context of high external liquidity

Starting in 2003, a number of shifts in the international economic cycle, greater appetite for risk among international investors seeking more profitable options than those offered by developed countries and significant macroeconomic changes in Latin American countries all combined to bring down the risk perception of the region’s economies and make local financial assets more attractive. The climate for external financing thus became extremely favourable.

Related Subject(s): Economic and Social Development
/content/books/9789210550116s004-c002
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