REQUIRED IMAGE
Foreign direct investment (FDI) has transformed Mexico's banking system over the past decade and made it the most foreign owned financial sector in Latin America. This paper traces the foreign investments and resulting structural changes in Mexico's banking sector, identifies key impacts on Mexican finance, and evaluates the results from an economic and development perspective.
Summary
Foreign direct investment (FDI) has transformed Mexico's banking system over the past decade and made it the most foreign owned financial sector in Latin America. This paper traces the foreign investments and resulting structural changes in Mexico's banking sector, identifies key impacts on Mexican finance, and evaluates the results from an economic and development perspective.
Click on link above for the full text of this Carnegie Paper.
About the Author
Jacob Steinfeld is the Junior Fellow on the Trade, Equity, and Development Project. He is a former Fulbright Binational Business Scholar in Mexico and a graduate of Emory University.
Jacob Steinfeld
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
As the war between the United States, Israel, and Iran continues, Carnegie scholars contribute cutting-edge analysis on the events of the war and their wide-reaching implications. From the impact on Iran and its immediate neighbors to the responses from Gulf states to fuel and fertilizer shortages caused by the effective shutdown of the Strait of Hormuz, the war is reshaping Middle East alliances and creating shockwaves around the world. Carnegie experts analyze it all.
Why the Iran ceasefire isn’t a quick fix to the Strait of Hormuz energy crisis.
Helima Croft, Aaron David Miller
Argentina’s president blends libertarian populism with leader-centric diplomacy, transnational right-wing networks, and selective disengagement from multilateral institutions.
Federico Merke
There is no better time for the countries of Southeast Asia to reconsider their energy security than during this latest crisis.
Gita Wirjawan
As conflict in the Middle East drives up fuel costs across Asia, Indonesia faces difficult policy trade-offs over subsidies, inflation, and fiscal credibility. President Prabowo’s personalized governance style may make these hard choices even harder to navigate.
Sana Jaffrey
