Question: Using De la Torre, A., Ize, A., & Schmukler, S. L.(2011). Financial development in Latin America and theCaribbean: the road ahead. World Bank Publications.Explain the

Using De la Torre, A., Ize, A., & Schmukler, S. L.(2011). Financial development in Latin America and theCaribbean: the road ahead. World Bank Publications.Explain the importance of financial institutions in mobilizing savings and allocating credit in the Caribbean.

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