Trends
Regarding outside institutions
- They may be expected to maintain their presence and their significance, especially in view of the generally low level of development of industry in this area and the political importance of some of the countries there.
- Progress in different regulations has not only encouraged the entry of foreign capital but has set off a process of consolidation of the financial market. Mergers can be expected throughout the region between organisations that act as intermediaries with microenterprises, so as to increase their capital base. Takeovers and partnerships can also be expected so as to increase the coverage in rural areas of relatively large urban organisations, and local private investment funds will be created.
