Based on the theoretical basis that there is a positive relationship between economic growth and the development of capital markets, indicators of size, liquidity and concentration are constructed to measure the development of these markets. This article analyzes the current situation of Latin American capital markets. It is found that these markets continue to be liquid, small and concentrated, being located as a replica on a smaller scale of those in developed countries and some emerging economies.
|Título traducido de la contribución||Characterization of capital markets of Latin America, 2000-2016: A comparative analysis|
|Estado||Publicada - 2018|
Nota bibliográficaPublisher Copyright:
- Capital Markets
- Mercados de Capitales
- Stock Concentration