Private Equity and Financial Development in Latin America

Shallow capital markets are a key bottleneck for private sector development in Latin America. This new book introduces private equity into the financial development debate through a Latin American lens and proposes a shift in the discussion from institutional explanations to an actor-based argument centered on the role of institutional investors.

Format: Hardback
Length: 252 pages
Publication date: 02 February 2022
Publisher: Springer Nature Switzerland AG

Shallow capital markets pose a significant obstacle to private sector development in Latin America. Despite this, there is a limited body of literature on capital markets, corporate governance, regulatory reform, and business associations in this region. To address this gap, this new book introduces private equity into the financial development discourse through a Latin American lens. The author examines the cases of Brazil, Mexico, Chile, Colombia, and Argentina and proposes a shift in the financial development discussion from institutional explanations focused solely on rules to an actor-based argument centered on the role of institutional investors, particularly pension funds.

Shallow capital markets are a significant bottleneck for private sector development in Latin America.

The lack of a substantial literature on capital markets, corporate governance, regulatory reform, and business associations in this region is a notable gap.

To address this issue, this new book introduces private equity into the financial development debate through a Latin American lens.

The author examines the cases of Brazil, Mexico, Chile, Colombia, and Argentina and proposes a shift in the financial development discussion from institutional explanations focused solely on rules to an actor-based argument centered on the role of institutional investors, particularly pension funds.

Weight: 478g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030889821
Edition number: 1st ed. 2022