A partir de la estabilización monetaria de 1994, se aceleró laconsolidación bancaria en Brasil, siguiendo una tendencia mundial a laconcentración a partir de un proceso de desregulación de la banca. Elpresente trabajo analiza el efecto de la concentración bancaria en laconcesión de crédito en Brasil en el período 1995-2004, distinguiendoen él dos etapas. Para llevar a cabo el análisis se realizó una estimacióncon datos en panel, utilizando información referente a las 27 unidadesfederales de Brasil. Los resultados corroboran la hipótesis de que elproceso de consolidación del sector bancario bra…
Abstract This paper presents an overview of current developments in macroeconomic modelling for forecasting and policy analysis in Latin America, based on material presented at a REDIMA project meeting at the UN Economic Commission for Latin America and the Caribbean, Santiago de Chile, in September 2007. Some particular issues that arise in modeling emerging economies are described, in the context of recent developments in modeling developed economies.…
General trends of the recent evolutionEconomic activity in the Central American Isthmus 1 and the Dominican Republic in 2007 expanded 7.1%, four tenths less than in 2006. Thus, the economic growth of the subregion 2 was one and a half percentage points greater than the registered average of Latin America and the Caribbean. In terms of GDP per capita, growth was 5%. This performance represents a continuation of the expansionary phase of the economic cycle that began in 2004, characterized by an improvement in the majority of the economic and social indicators and linked to the positive evolutio…
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