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Bestseller
BestsellerE-book
Author Herman, Alexander.

Title Financial Deepening in Mexico.

Publication Info. Washington, D.C., UNITED STATES : INTERNATIONAL MONETARY FUND, 2017.

Item Status

Description 1 online resource (21).
text file
Series IMF Working Papers
IMF Working Papers.
Summary International comparisons reveal that-even controlling for a host of explanatory factors-credit depth is exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper estimates a long-term gap between actual and expected credit of about 40 percent of GDP. Possible explanations include the history of banking crises, the large informal sector and an inefficient legal system. Using a disequilibrium regression approach, this paper also finds that supply factors are particularly important as determinants of credit in Mexico. Recent financial reforms address many of the supply constraints, but their success will depend on implementation. The main challenge going forward will be to support financial deepening, while limiting risks to financial stability.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Finance -- Mexico.
Finance.
Mexico.
Financial institutions -- Mexico.
Financial institutions.
Genre/Form Electronic books.
Other Form: Print version: Herman, Alexander. Financial Deepening in Mexico. Washington, D.C. : International Monetary Fund, ©2017 9781475572926
ISBN 1475578105 (electronic book)
9781475578102 (electronic book)
1475572921
9781475572926
ISSN 1018-5941
Standard No. 10.5089/9781475572926.001