Publication: Mexico Financial Sector Assessment
dc.contributor.author | World Bank | |
dc.contributor.author | International Monetary Fund | |
dc.date.accessioned | 2017-10-18T19:24:06Z | |
dc.date.available | 2017-10-18T19:24:06Z | |
dc.date.issued | 2017-03 | |
dc.description.abstract | This financial sector assessment (FSA) summarizes the key findings and recommendations of the 2016 FSAP update report for Mexico. Mexico’s economic growth has been steady and inflation remained low despite a significant depreciation of the exchange rate in the last 18 months.The medium term outlook for the Mexican economy foresees stable growth and inflation. After several years of contained growth, commercial bank credit grew by 14 percent in 2015, albeit from a very low base.Nonfinancial sector balance sheets show little sign of stress.Key risks to the macroeconomic outlook are mostly external in nature and stem from the close connection to US markets, the dependency on oil revenues, and potential resurgence of market volatility. A comprehensive financial reform was approved in November 2013 with the objective of increasing the financial sector’s contribution to economic growth. The financial reform encompassed revisions to the banking law and other legislation to encourage credit expansion. This entailed a more active role of development banks in extending credit and measures to ensure that private financial institutions would channel credit to productive activities. | en |
dc.identifier | http://documents.worldbank.org/curated/en/621671508177153708/Mexico-Financial-Sector-Assessment | |
dc.identifier.doi | 10.1596/28536 | |
dc.identifier.uri | https://hdl.handle.net/10986/28536 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.subject | FINANCIAL SYSTEM STRUCTURE | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | BANKING | |
dc.subject | PENSIONS | |
dc.subject | INSURANCE | |
dc.subject | MUTUAL FUNDS | |
dc.subject | REGULATION | |
dc.subject | LIQUIDITY | |
dc.subject | CRISIS MANAGEMENT | |
dc.subject | STATE-OWNED FINANCIAL INSTITUTIONS | |
dc.title | Mexico Financial Sector Assessment | en |
dc.type | Report | en |
dc.type | Rapport | fr |
dc.type | Informe | es |
dspace.entity.type | Publication | |
okr.crossref.title | Mexico Financial Sector Assessment | |
okr.date.disclosure | 2017-10-16 | |
okr.doctype | Economic & Sector Work | |
okr.doctype | Economic & Sector Work::Financial Sector Assessment Program | |
okr.docurl | http://documents.worldbank.org/curated/en/621671508177153708/Mexico-Financial-Sector-Assessment | |
okr.guid | 621671508177153708 | |
okr.identifier.doi | 10.1596/28536 | |
okr.identifier.externaldocumentum | 090224b084a93b6a_1_0 | |
okr.identifier.internaldocumentum | 27336987 | |
okr.identifier.report | 114093 | |
okr.imported | true | |
okr.language.supported | en | |
okr.pdfurl | http://documents.worldbank.org/curated/en/621671508177153708/pdf/Mexico-2016-FSAP-Update-FSA-03232017.pdf | en |
okr.region.administrative | Latin America and Caribbean | |
okr.region.country | Mexico | |
okr.sector | Finance | |
okr.theme | Financial and private sector development :: International financial standards and systems | |
okr.topic | Finance and Financial Sector Development::Banks & Banking Reform | |
okr.topic | Finance and Financial Sector Development::Financial Regulation & Supervision | |
okr.topic | Finance and Financial Sector Development::Insurance & Risk Mitigation | |
okr.topic | Finance and Financial Sector Development::Mutual Funds | |
okr.topic | Macroeconomics and Economic Growth::Fiscal & Monetary Policy | |
okr.unit | Finance and Markets Global Practice |
Files
License bundle
1 - 1 of 1