Hansen, Niels-Jakob Harbo; Sulla, Olga - International Monetary Fund (IMF) - 2013
Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the patterns of credit growth in 18 countries in Latin...