1. Government - Financial Sector Relations and the New Financial Structure in Mexico
- Author:
- Charles W. Parker III and Susan Minushikin
- Publication Date:
- 07-2001
- Content Type:
- Working Paper
- Institution:
- Centro de Investigación y Docencia Económicas
- Abstract:
- For the first time in its modern history, Mexico is confronting a financial sector that is controlled by foreign investors. At the same time it is highly concentrated. The economic challenges that such an industry structure presents were the focus of public debate over the sales of Bancomer and Banco Serfin. The political challenges have not yet become a part of the public debate. These include changing relations between the banks and the government. This paper traces the history of government-bank relations and speculates on how this relationship may change given the new structure of Mexico's financial sector.
- Topic:
- Economics, Industrial Policy, and International Trade and Finance
- Political Geography:
- North America and Mexico