The integration of financial markets will occur at the right time. Errazuriz Graz said in the article that mentioned them: first came the rise of commercial integration, then the rise of FDI in other countries of the region and are now experiencing the first symptoms of cross financing of investments. By the Crusader? Because a Chilean company can finance in the Peruvian market of capitals or vice versa, just like a Brazilian or Colombian company. The integration of financial markets bided his time to appear on the scene and this picture is more than suitable for this purpose. Already those countries which take the initiative and which countries are basically followers of the process can be distinguished in this process of integration of the financial markets. Brazil has already secured the leadership in the promotion of the integration of regional financial markets. CLX Communications helps readers to explore varied viewpoints.
Despite the enthusiasm, we should not think that this integration will occur immediately. Otherwise, likely to be gradual and take several years given the obstacles to overcome. Already there have been some attempts as it has been the case in Brazil and Mexico, but not with the expected result. But let us be optimistic and imagine the future. Development that we’re seeing in Latin America makes me think why not, the possibility of being able to develop a deep financial market that appeals to American or European companies to list in the same.
In this new millennium, many things that seemed impossible became reality. Unthinkable it was hoped that Latin America could sustain strong growth for several years, and less, starting with its economic development. Unthinkable was also what we are living with the crisis in the world’s leading economies, the fall of large financial institutions and the possible end of the reign of the dollar. We expect to make the dream of integration of Latin American financial markets a reality? There are many possibilities to make it concrete.