Publication:
Fostering Sound Financial Sector Development

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-01-17T19:52:16Z
dc.date.available2014-01-17T19:52:16Z
dc.date.issued2013-04-09
dc.description.abstractThis note outlines a short, to medium-term reform agenda to foster sound financial sector development. Mexico needs to broaden and deepen its financial system without compromising the financial stability gains of the last decade. Much more private investment is needed to transform the economy to boost productivity, and despite improvements in recent years, many households and firms still lack adequate access to financial services. Using the financial payments system to promote financial inclusion is a sound way to broaden access. However, experience in several countries has shown that accelerated (or forced) expansion of credit can harm rather than benefit customers. If financial institutions do not follow sound practices, they can fail, harming borrowers and depositors alike and creating social unrest. Institutional failures may also lead to costly bailouts, with substantial fiscal cost. An oversight system (both micro, and macro, prudential) that encourages prudent-risk taking and facilitates prompt resolution of failed institutions ensures that strategies for financial deepening do not compromise financial stability.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/04/17570373/fostering-sound-financial-sector-development
dc.identifier.doi10.1596/16584
dc.identifier.urihttps://hdl.handle.net/10986/16584
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.relation.ispartofseriesMexico policy note;no. 1
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCESS TO BANK
dc.subjectACCESS TO CREDIT
dc.subjectACCOUNTS RECEIVABLE
dc.subjectASYMMETRIC INFORMATION
dc.subjectASYMMETRIES OF INFORMATION
dc.subjectATMS
dc.subjectBAILOUTS
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK BALANCE SHEETS
dc.subjectBANK LENDING
dc.subjectBANK LOAN
dc.subjectBANK LOANS
dc.subjectBANKING SECTORS
dc.subjectBANKING SERVICES
dc.subjectBANKS
dc.subjectBARRIERS TO ENTRY
dc.subjectBOND
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectBROKERAGE
dc.subjectBROKERAGE ACTIVITIES
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCASH PAYMENT
dc.subjectCIVIL LIABILITY
dc.subjectCLAIM
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REGISTRATION
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK CREDIT
dc.subjectCOMMERCIAL BANK LENDING
dc.subjectCOMMERCIAL BANK LOANS
dc.subjectCOMMERCIAL BANKS
dc.subjectCONFLICT OF INTEREST
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONSUMER
dc.subjectCONSUMER COMPLAINTS
dc.subjectCONSUMER CREDIT
dc.subjectCONSUMER FINANCIAL EDUCATION
dc.subjectCONSUMER PROTECTION
dc.subjectCONSUMER PROTECTION LAWS
dc.subjectCONSUMERS
dc.subjectCONTRIBUTION
dc.subjectCONTRIBUTION RATE
dc.subjectCONTRIBUTION RATES
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOURT JUDGMENTS
dc.subjectCOURT RESOLUTIONS
dc.subjectCREDIT AGENCY
dc.subjectCREDIT BUREAU
dc.subjectCREDIT BUREAUS
dc.subjectCREDIT CARDS
dc.subjectCREDIT COOPERATIVE
dc.subjectCREDIT COOPERATIVES
dc.subjectCREDIT COSTS
dc.subjectCREDIT EXPANSION
dc.subjectCREDIT GUARANTEE
dc.subjectCREDIT GUARANTEES
dc.subjectCREDIT HISTORIES
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INFORMATION SYSTEM
dc.subjectCREDIT INFORMATION SYSTEMS
dc.subjectCREDIT INSTITUTIONS
dc.subjectCREDIT LINE
dc.subjectCREDIT MARKETS
dc.subjectCREDIT PROGRAMS
dc.subjectCREDIT PROTECTION
dc.subjectCREDIT REPORTING
dc.subjectCREDIT REPORTING SYSTEM
dc.subjectCREDIT REPORTING SYSTEMS
dc.subjectCREDIT REPORTS
dc.subjectCREDITOR
dc.subjectCREDITOR COMMITTEES
dc.subjectCREDITOR RIGHTS
dc.subjectCREDITORS
dc.subjectCREDITS
dc.subjectDEBIT CARDS
dc.subjectDEBT
dc.subjectDEBTOR
dc.subjectDEBTORS
dc.subjectDEPOSIT
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDERIVATIVES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT BANKS
dc.subjectDIVERSIFICATION
dc.subjectDUE DILIGENCE
dc.subjectECONOMIC LOSSES
dc.subjectENFORCEMENT CAPACITY
dc.subjectEQUITY MARKET
dc.subjectEQUITY MARKETS
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CONGLOMERATES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL EDUCATION
dc.subjectFINANCIAL EDUCATION EFFORTS
dc.subjectFINANCIAL GROUPS
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL REGULATOR
dc.subjectFINANCIAL SAVINGS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFORECLOSURES
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN MARKETS
dc.subjectFRAUD
dc.subjectFUND MANAGERS
dc.subjectGOVERNMENT BONDS
dc.subjectGROUPS OF CREDITORS
dc.subjectINCOME
dc.subjectINCOME SECURITIES
dc.subjectINITIAL PUBLIC OFFERING
dc.subjectINITIAL PUBLIC OFFERINGS
dc.subjectINSOLVENCY
dc.subjectINSOLVENCY CASES
dc.subjectINSOLVENCY LAW
dc.subjectINSOLVENCY PROCEDURES
dc.subjectINSOLVENCY PROCEEDINGS
dc.subjectINSOLVENCY PROCESS
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINTEREST INCOME
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT PERFORMANCE
dc.subjectINVESTMENT REGULATIONS
dc.subjectJUDICIAL PROCEDURES
dc.subjectLARGE BANKS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL FRAMEWORK FOR INSOLVENCY
dc.subjectLEGAL IMPEDIMENT
dc.subjectLENDERS
dc.subjectLEVERAGE
dc.subjectLIABILITY
dc.subjectLIQUIDATION
dc.subjectLIQUIDATION PROCEDURES
dc.subjectLOAN ACTIVITIES
dc.subjectLOAN AMOUNT
dc.subjectLOAN PORTFOLIOS
dc.subjectLONG-TERM INVESTMENT
dc.subjectMANDATE
dc.subjectMANDATES
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET FOR GOVERNMENT DEBT
dc.subjectMARKET INTEGRATION
dc.subjectMATURITY
dc.subjectMATURITY TRANSFORMATION
dc.subjectMERGERS
dc.subjectMICROCREDIT
dc.subjectMOBILE PHONE
dc.subjectMORTGAGE
dc.subjectMOVABLE ASSETS
dc.subjectMUTUAL FUNDS
dc.subjectNEW INSOLVENCY
dc.subjectNEW INSOLVENCY LAW
dc.subjectNOTARY
dc.subjectPARTIAL CREDIT
dc.subjectPAYMENT SERVICES
dc.subjectPAYMENT SYSTEMS
dc.subjectPAYMENTS SYSTEM
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPENSION SYSTEM
dc.subjectPORTFOLIO
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY
dc.subjectPROFESSIONAL INVESTORS
dc.subjectPROPERTY REGISTRIES
dc.subjectREAL ESTATE
dc.subjectREAL ESTATE ASSETS
dc.subjectREAL ESTATE REGISTRIES
dc.subjectREGISTRATION SYSTEM
dc.subjectREGISTRY SYSTEMS
dc.subjectREGULATORY BARRIERS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREORGANIZATION
dc.subjectREPLACEMENT RATES
dc.subjectRETAIL BANKS
dc.subjectRETAIL INVESTORS
dc.subjectRETURN
dc.subjectSAVINGS
dc.subjectSAVINGS ACCOUNTS
dc.subjectSECURITIES
dc.subjectSECURITIES MARKETS
dc.subjectSECURITY INTERESTS
dc.subjectSMALLER FIRMS
dc.subjectSTOCK EXCHANGE
dc.subjectTAX
dc.subjectTAX CREDITS
dc.subjectTRADE CREDIT
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectUNSECURED CREDITORS
dc.subjectUNSECURED CREDITS
dc.subjectUSE OF DERIVATIVES
dc.subjectWORKER CLAIMS
dc.titleFostering Sound Financial Sector Developmenten
dspace.entity.typePublication
okr.date.disclosure2013-04-12
okr.date.doiregistration2025-05-07T12:42:43.049463Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2013/04/17570373/fostering-sound-financial-sector-development
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid773461468045050325
okr.identifier.externaldocumentum000333037_20130412112600
okr.identifier.internaldocumentum17570373
okr.identifier.report76584
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/04/12/000333037_20130412112600/Rendered/PDF/765840NWP0PN0P004302013004009021.13.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryMexico
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.sectorEducation :: General education sector
okr.sectorFinance :: General finance sector
okr.sectorIndustry and trade :: General industry and trade sector
okr.themeEconomic management :: Macroeconomic management
okr.themeFinancial and private sector development :: Other financial and private sector development
okr.themeHuman development :: Education for the knowledge economy
okr.themeEnvironment and natural resources management :: Climate change
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.unitPoverty Reduction & Econ Mngmt (LCSPR)
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