Mexican banking laws: Evolution into NAFTA and the global economy

The dissertation, Mexican Banking Law: Evolution into NAFTA and the Global Economy makes an in depth analysis of the evolution of Mexican banking history and of its regulatory framework. It surveys Mexican economic and political history in order to divide the banking development into three major stages. It first surveys the creation of a banking sector (luring the Porfirio Diaz regime. Thereafter, it analyzes the impact of the Mexican Revolution and the rapid growth of banking during the Mexican Economic Miracle. The dissertation studies the impact of politics in changing the regulatory framework of banking during the nationalization crisis. It then follows the change in economic policy, particularly in trade policy, to analyze the effects of a more liberalized market. Banking and investment laws are studied and the continued reforms to these laws are analyzed. Lastly, the dissertation addresses the development that Mexico has had in the international arena and the impact of globalization in financial markets, specifically in banking. The dissertation identifies major regulatory changes in the banking sector and the impact of international trade agreements in encouraging such changes. It also addresses the Mexican Peso Crisis and the effects it had in banking supervision. Lastly, the latest modifications to banking regulation are addressed.