Little financial depth: the financial depth indicators in Latin America show stagnant financing.

Position:THE SCENE - Brief article

According to Financial Globalization, a report on global capital markets published by the McKinsey Global Institute, the growth of financial assets has stalled as a result of deleveraging by the banks and their customers in the years following the economic crisis. The news is even worse for the economies of Latin America: in general, the growth of financial assets in emerging markets has been below the growth of GDP in recent years and has accentuated the divergence in financial depth of these markets compared to the more advanced countries. In particular, the Latin American countries today show financial depth inferior to that of the other emerging regions, with the exception of Central and...

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