Financial Concentration And Power Groups: Evidence From City Of Cuenca-Ecuador La Concentracion Financiera Y Los Grupos De Poder: Evidencias En La Ciudad De Cuenca-Ecuador

Abstract:

In Ecuador, as in most Latin American countries, the concentration of income and wealth are a recurring phenomenon, frequently supported by economic policy measures designed to benefit certain minority groups linked to the political leaders of the moment. Historically, the merger between banking and corporate sectors has been a key factor in this phenomenon. In the majority of the cases, economic power groups have obtained financial support to leverage their growth. This trend is reflected in the private sector where a smaller group of companies increasingly generates greater incomes. This research aims to analyze correlation between cbkp_redit offered by the financial system and incomes generated by production units in the city of Cuenca

Año de publicación:

2017

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Fuente:

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