Mexico

For more than two decades, Mexico’s banking sector has been characterised by sound regulation, high capital adequacy ratios and strong profitability. Nonetheless, it is still small for an economy of its size and stage of development, as lending policy remains relatively conservative after a series of financial crises in the latter decades of...

Since the mid-1990s, Mexico has undergone a remarkable structural transformation. From being relatively closed and heavily dependent on oil exports to drive growth and accrue foreign currency, the country has progressively liberalised and integrated into regional and global value chains. At the same time, oil production has been in long-term...

Since the economic, financial and banking crisis of 1994-95, many Mexicans have lacked full confidence in the integrity of the banking system. It shrunk greatly during and immediately after the crisis. In the intervening years, banking regulations have been greatly tightened, foreign entrants to the sector have come to dominate, and credit as...

Mexico is gearing up for general elections that will be held in June 2018. The country will be going to the polls to choose a new president as well as 500 members of the Chamber of Deputies and 128 members of the Senate. Coming at a time of increased uncertainty over the North American Free Trade Agreement (NAFTA) and the future of free trade...

Given that Mexico shares a long land border with the largest economy in the world, and that, particularly since the North American Free Trade Agreement (NAFTA) came into force in 1994, barriers to trade and investment between the two countries are minimal, it is natural that the US would be Mexico’s most important economic partner. These...