Banking Regulation in Mexico: lessons FRoM Financial Crises

This article first provides a survey of recent Mexican banking history. It then analyzes the causes that led to the peso crisis (1995) and the banking crisis that came after as well as the government response, the bank bailout, and the role of international financial organizations. Regulatory reform...

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Detalles Bibliográficos
Autor: Sigmond, Karen B.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2011
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Mexican Law Review
Idioma:inglés
OAI Identifier:oai:ojs.pkp.sfu.ca:article/7759
Acceso en línea:https://revistas.juridicas.unam.mx/index.php/mexican-law-review/article/view/7759
Access Level:acceso abierto
Palabra clave:Banking regulation
Financial crisis
Bank bailouts
Mexican peso crisis
U.S. financial crisis
regulación financiera
crisis financiera
rescate bancario
crisis del peso mexicano
crisis financiera estadunidense
Descripción
Sumario:This article first provides a survey of recent Mexican banking history. It then analyzes the causes that led to the peso crisis (1995) and the banking crisis that came after as well as the government response, the bank bailout, and the role of international financial organizations. Regulatory reforms of the Mexican financial system are also discussed. These provide the background for comparative analysis with the financial crisis (2007-2009) that initiated in the United States of America. Both crises are compared and contrasted, both in terms of the causes leading to them and the regulatory responses by the governments. Finally, by studying the similarities and differences, lessons are drawn from both cases.