This report of the International Bank for Reconstruction and Development/The World Bank, prepared by a team led by Cheikhrouhou, describes how structured finance mechanisms in Latin America can
channel pension savings to support projects in underserved sectors, deepen capital markets, and contribute to investment and economic growth. It covers several types of structured finance with
such capital instruments as mortgage-backed securities, structured bond issues for infrastructure financing, securitization of SME-related assets, and securitization of loans to SMEs. Also
discussed are factoring and leasing. The report does not address other types of structured finance, such as exchange trade funds, structured notes with capital protection, or structured
financing outside capital markets. The book is aimed at development practitioners, policy makers, and others working in government, international or nongovernmental organizations, and financial
institutions. Annotation 穢2007 Book News, Inc., Portland, OR (booknews.com)
