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Journal Article
Reaching Mexico's unbanked
Banks and the government have mounted a major effort to extend financial services to those without them.
Journal Article
Laying the foundation for a mortgage industry in Mexico
Report
The Conquest of Mexican Inflation
From the 1970s through the mid-1990s, Mexico lurched from one crisis to another, its monetary and fiscal framework a source of instability that impeded long-term growth. By adopting best practices in central banking in the latter 1990s?granting the Banco de Mxico independence and mandating price stability as the central bank?s primary goal?Mexico began installing a framework that has proven remarkably successful.
Journal Article
Mexico's año horrible: global crisis stings economy
Initial optimism has been replaced by increasingly dire predictions for Mexico's near-term economic outlook in response to the global economic slump. World trade flows have dried up, which is particularly damaging for nations like Mexico whose economic activity depends critically on exports. At the same time, international financial uncertainty led investors to withdraw capital from emerging markets. Mexico was also confronted with a number of idiosyncratic shocks: a crackdown on drug cartels and local corruption, a flu epidemic and trade disputes with its most important partner. However, ...
Journal Article
Robust regional banking sector faces new economic hurdles
Profitability held steady at Eleventh District banks in 2014 as they continued outperforming their counterparts nationwide. However, rising interest rates and lower oil prices have emerged as potential tests for the region?s institutions.
Journal Article
Mexico's new banking measures aim to increase credit, transparency
The overhaul of Mexico?s banking laws, enacted as part of President Enrique Pea Nieto?s wideranging economic and business structural changes, is designed to increase credit to small and medium-sized businesses while enhancing regulatory oversight and transparency.
Journal Article
Mexican banks get ahead of new global capital standards
Mexico is a prominent example of an emerging-market economy with a world-class macroeconomic policy framework and stable financial system.
Journal Article
Mexico develops niche approach to expansion of banking services
The new charter lowers barriers to market entry in Mexico at a time when many other countries are making the banking industry less inviting.
Journal Article
How much will the global financial storm hurt Mexico?
The credibility earned by prudent policymaking over the past decade should help Mexico weather the current financial storm without devastating effects on real economic activity.
Journal Article
Mexico emerges from 10-year credit slump