IMF paper: Colombia needs to lower collateral constraints to boost growth
Study looks at optimal ways to promote financial inclusion, growth and equality
An International Monetary Fund (IMF) working paper suggests that lowering constraints on collateral usage in the country offers the greatest promise for higher future growth; while inequality is better tackled through measures that lower financial participation costs.
Izabela Karpowicz, an economist at IMF and author of the study, argues the effects of the government's financial inclusion actions on growth and inequality will depend upon the pace and choice of measures implemented, and these
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