Author : Sara G. Castellanos
Publisher : Springer
ISBN 13 : 1137518413
Total Pages : 337 pages
Book Rating : 4.1/5 (375 download)
Book Synopsis Competition and Efficiency in the Mexican Banking Industry by : Sara G. Castellanos
Download or read book Competition and Efficiency in the Mexican Banking Industry written by Sara G. Castellanos and published by Springer. This book was released on 2016-01-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful new book contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to banks' efficiency. It contrasts concepts of economic theory with empirical evidence to distill optimal policy decisions. The authors study the banking sector in Mexico, a developing country with a regulated and sound banking system and an industry with strong participation from global systemic banks. However, the Mexican banking system continues to have low financial deepening in the economy. Simultaneously, changes experienced by the Mexican financial system in recent decades have completely transformed its architecture, structure of ownership and control, and its competitive conditions, and have undeniably affected system performance and efficiency. This provides a natural laboratory in which to answer the questions of scholars, economists, and policymakers.