01768cas a2200241 a 4500 AALejournalIMF017728 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484305232 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Peru : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (22 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper presents an overview of the financial deepening achievements and challenges in Peru. Although substantial progress has been made on various indicators of financial deepening, Peru lags regional and income peers in several respects. Peru's overall financial development index is modest, and its stage of financial depth does not fully align with domestic fundamentals. Private credit to GDP at about 40 percent of GDP is one of the lowest in the region, and below the expected level for a country at Peru's income and population. Studies also show that Peru has a negative gap in the depth and efficiency of financial institutions, which could reflect weak frameworks for obtaining or seizing collateral. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/167 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/167/002.2017.issue-167-en.xml IMF e-Library