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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical
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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence Hardcover - 2015

by Castellanos, Sara G.; Del Ángel, Gustavo A.; Garza-García, Jesús G.


From the publisher

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.

From the rear cover

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.

Details

  • Title Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence
  • Author Castellanos, Sara G.; Del Ángel, Gustavo A.; Garza-García, Jesús G.
  • Binding Hardcover
  • Pages 208
  • Language ENG
  • Publisher Palgrave Macmillan
  • Date 2015
  • Features Bibliography, Dust Cover, Index
  • ISBN 9781137465283

About the author

Sara G. Castellanos is Senior Economist at the Central Bank of Mexico (Banco de Mxico). She worked as an economic researcher at the Economic Research Directorate and the Payment System Directorate of Banco de Mxico from 1998 to 2009, as Principal Economist at BBVA Bancomer from 2009 to 2013, and as Chief Economist of the Mexican Antitrust Authority (Comisin Federal de Competencia Econmica) from November 2013 to February 2015. She obtained her BA in Economics at Instituto Tecnolgico Autnomo de Mxico (1993) and her MA (1995) and PhD in Economics (1998) at the University of California, Los Angeles, USA.

Gustavo A. Del Angel is Professor at Centro de Investigacin y Docencia Econmica (CIDE), Mexico. He was Professeur Visitant at the Universite de Paris III in 2006 and Researcher at the UC-San Diego in 2000. In 2009-2011 he worked in Banco de Mxico. In the last ten years, he has participated in consulting projects for public sector entities, international organizations, private sector companies, and NGOs. He has been a non-executive director in several microfinance organizations. Prior to obtaining his PhD, he worked in the commercial banking industry. He holds a BA in Economics from Instituto Tecnolgico Autnomo de Mxico (1992) and a PhD in History from Stanford University, USA (2002).

Jess Gustavo Garza-Garca is Chief Mexico Economist at Ita BBA, Mexico. Before joining Ita, he worked at the Mexican Ministry of Finance as the Deputy General Director of International Financial Organizations and as the Director of Financial Planning and Head of Investor Relations. Previously, he was a financial researcher at the Directorate of Financial Stability of Banco de Mxico. Jesus holds a BA in Economics from Instituto Tecnolgico de Estudios Superiores de Monterrey, Mexico (2002), and an MSc in Financial Economics (2005) and PhD in Finance (2009) from the University of Essex, UK.

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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence
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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence

by Sara G. Castellanos, Gustavo A. Del Ãngel et Jesús G. Garza-García

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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence
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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence

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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence
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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence

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Competition and Efficiency in the Mexican Banking Industry: Theory and Empirical Evidence

by Castellanos, Sara G.

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