| Abstract | The purpose of this thesis is to consolidate all current information on the relative levels of banking and financial freedom in Latin America. By bringing together and analyzing this data, this study seeks to provide insight into how Latin America as a region is performing in terms of financial freedom relative to the rest of the world. This paper will also reveal what Latin American countries are performing above or below the regional average in this category. Overall, Latin America seems to be a middling region with respect to financial freedom when compared to the rest of the world. While some countries such as Chile or Panama are performing very well in this category, these strong performers are cancelled out by poor performers such as Venezuela and Argentina. Overall, while Latin America has slowly been improving the freedom of its financial system, it is doing so much slower than the rest of the world. |
