Credit Access in Latin American Enterprises

  title={Credit Access in Latin American Enterprises},
  author={Andrea F. Presbitero and Roberta Rabellotti},
An intense process of deregulation and financial liberalization in Latin America has increased competitive pressures and led to bank restructuring and consolidation. This chapter looks at firm access to credit in the region, focusing on the role of credit market structure. Using firm-level data from the World Bank Enterprise Survey, we find that access to bank credit is very heterogeneous. On average, smaller and less productive firms are less likely to apply for credit and more likely to be… 

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