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Competition and Efficiency in the Mexican Banking Industry : Theory and Empirical Evidence (Hardcover)
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Thus far, scholars have not agreed on how to accurately analyze competition in the banking system, how to implement an adequate competition policy in the banking industry, or how the state of competition relates to the efficiency of the banking system. All of these questions are crucial to the implementation of economic policy and to clarifying key theoretical aspects of competition in financial markets.Competition and Efficiency in the Mexican Banking Industry contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to the efficiency of banks. This useful new book contrasts concepts of economic theory with empirical evidence to distil optimal policy decisions. In order to do this, the authors study the banking sector in Mexico, a case of a developing country with a regulated and sound banking system, and an industry with a strong participation of global systemic banks. However, the Mexican banking system continues to have low financial deepening in the economy. At the same time, the changes experienced by the Mexican financial system over the last 30 years have completely transformed the architecture, the structure of ownership and control, as well as its competitive conditions. These changes have had an undeniable effect on system performance and efficiency, providing a natural laboratory to answer the questions of scholars, economists, and policymakers.
Number of Pages: 197
Genre: Business + Money Management
Sub-Genre: Banks + Banking, International / Economics, Economic Conditions
Publisher: Palgrave Macmillan
Author: Sara G. Castellanos & Gustavo A. Del Angel & Jesus G. Garza-garcu00eda
Street Date: November 9, 2015
Item Number (DPCI): 248-04-7455
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