IFC: Excellence in Latin American Local Capital Market Development

IFC: Excellence in Latin American Local Capital Market Development

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The International Finance Corp. has been at the forefront of efforts to develop capital markets across Latin America and the Caribbean since its first investments in the region in the 1950s. The IFC is now involved in projects in more than 15 countries, having invested almost $90 billion in the region. The goal: to encourage private sector investment and ultimately economic health. “We feel capital markets are essential for economic growth,” says Georgina Baker, who oversees IFC’s operations in Latin America and the Caribbean, Europe and Central Asia. “Why is the US economy where it is? Why are the European economies where they are? In large part it’s because capital markets can bring fina

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