Financial Institutions and Economic Development

  • Javier Márquez
Part of the International Economic Association Series book series (IEA)


This paper deals mainly with the structure of Latin American financial systems and the appropriateness of these systems for fostering economic development. Financial institutions are appraised with reference to the gathering and employment of funds. The respective rôles of private institutions and of government institutions and government controls are discussed briefly in connection with the employment of funds.


Central Bank Financial Institution Commercial Bank Latin American Country Fixed Capital 
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  1. 1.
    Alexandre Kafka, ‘Brazil’ in B. H. Beckhart, ed., Banking Systems (New York, 1954), p. 64.Google Scholar

Copyright information

© International Economic Association 1961

Authors and Affiliations

  • Javier Márquez
    • 1
  1. 1.Centro de Estudios Monetarios LatinoamericanosFrance

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