This specific ISBN edition is currently not available.View all copies of this ISBN edition:
'Structured Finance in Latin America' explores how structured finance mechanisms can channel pension savings to support projects in underserved sectors, deepen capital markets, and contribute to investment and economic growth.
Private pension funds have been accumulating assets rapidly in the wake of pension system reforms in many Latin American countries. Strict investment regulations to protect workers' savings have limited their investment in highly creditworthy domestic securities, yet pension fund demand for new securities has outstripped issuance of eligible traditional corporate debt instruments. This has contributed to a high concentration of pension fund assets in public debt.
Innovative structured finance mechanisms can help bring to the market a new set of creditworthy securities backed by pools of loans to small borrowers, mortgage loans or the expected proceeds of large infrastructure projects. These mechanisms create new investment opportunities for pension funds, while establishing additional sources of funding for underserved market segments. Policy makers and regulatory authorities have a catalytic role to play in the development of structured finance securities by establishing a conducive legal, regulatory, and tax framework.
'Structured Finance in Latin America' serves as a practical guide for development practitioners, policy makers, and others working in government, international or nongovernmental organizations, and financial institutions, who focus on finance and investment; infrastructure, transport, and urban development; housing finance; small and medium-sized enterprise development; and pension reform.
"synopsis" may belong to another edition of this title.
Book Description World Bank Publications, 2007. Condition: Very Good. Former Library book. Great condition for a used book! Minimal wear. Seller Inventory # GRP111155864
Book Description World Bank Publications, 2007. Condition: Very Good. Ships from Reno, NV. Great condition for a used book! Minimal wear. Seller Inventory # GRP117248755
Book Description World Bank Publications, 2007. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0821371398-2-4
Book Description World Bank Publications 2007-06-26, 2007. Paperback. Condition: Good. 0821371398. Seller Inventory # 718570