Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants

The objective of this paper is to describe the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Supported by the macroeconomic environment and financial system reforms, total...

Full description

Bibliographic Details
Main Authors:	Stephanou, Constantinos, Munoz, Emanuel Salinas
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING AFFILIATES AGRICULTURE AUDITING BALANCE SHEETS BANK CREDIT BANK DEPOSITS BANK LENDING BANK LOANS BANK RESTRUCTURING BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BOND ISSUANCE BOND MARKETS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITALIZATION CLEARING HOUSES COMMERCIAL BANKS COMMERCIAL CREDIT COMPETITIVENESS CONSUMER PROTECTION CORPORATE GOVERNANCE CORPORATE INSOLVENCY COUNTRY COMPARISONS CREDIT UNIONS DEBT DEBT FINANCING DEFICITS DEPOSIT INSURANCE DEPOSITS DEVELOPMENT AGENCY DEVELOPMENT BANKS DOMESTIC CREDIT ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SIZE EQUITY INVESTMENTS FACTORING FINANCIAL AUTHORITIES FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL REFORMS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL TRANSACTIONS FINANCING SOURCES FOREIGN BONDS GDP GDP DEFLATOR GDP PER CAPITA GROWTH RATE HOLDING COMPANIES HOUSING HOUSING FINANCE INFLATION INTEREST RATES IPO LEGAL FRAMEWORK LIQUIDATION LITIGATION LOAN CLASSIFICATION MACROECONOMIC PERFORMANCE MARKET INCENTIVES MATURITIES MORTGAGE LENDING MORTGAGE LOANS MORTGAGES MUTUAL FUND PER CAPITA INCOME PORTFOLIO PORTFOLIOS PRICE INFLATION PRIVATE SECTOR PROVISIONING PROVISIONS PUBLIC PUBLIC COMPANIES PUBLIC DEBT PUBLIC OFFERING PUBLIC SECTOR REAL GDP REAL SECTOR REORGANIZATION RETAINED EARNINGS RETIREMENT RISK MANAGEMENT RISK MEASUREMENT SAVINGS SECURITIES SECURITIES MARKETS SYSTEMIC RISK TRANSPARENCY TRANSPORT TRUSTS UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2007/06/7745642/financing-private-sector-mexico-2000-05-evolution-composition-determinants http://hdl.handle.net/10986/7442

id	okr-10986-7442
recordtype	oai_dc
spelling	okr-10986-74422021-04-23T14:02:33Z Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants Stephanou, Constantinos Munoz, Emanuel Salinas ACCOUNTING AFFILIATES AGRICULTURE AUDITING BALANCE SHEETS BANK CREDIT BANK DEPOSITS BANK LENDING BANK LOANS BANK RESTRUCTURING BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BOND ISSUANCE BOND MARKETS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITALIZATION CLEARING HOUSES COMMERCIAL BANKS COMMERCIAL CREDIT COMPETITIVENESS CONSUMER PROTECTION CORPORATE GOVERNANCE CORPORATE INSOLVENCY COUNTRY COMPARISONS CREDIT UNIONS DEBT DEBT FINANCING DEFICITS DEPOSIT INSURANCE DEPOSITS DEVELOPMENT AGENCY DEVELOPMENT BANKS DOMESTIC CREDIT ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SIZE EQUITY INVESTMENTS FACTORING FINANCIAL AUTHORITIES FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL REFORMS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL TRANSACTIONS FINANCING SOURCES FOREIGN BONDS GDP GDP DEFLATOR GDP PER CAPITA GROWTH RATE HOLDING COMPANIES HOUSING HOUSING FINANCE INFLATION INTEREST RATES IPO LEGAL FRAMEWORK LIQUIDATION LITIGATION LOAN CLASSIFICATION MACROECONOMIC PERFORMANCE MARKET INCENTIVES MATURITIES MORTGAGE LENDING MORTGAGE LOANS MORTGAGES MUTUAL FUND PER CAPITA INCOME PORTFOLIO PORTFOLIOS PRICE INFLATION PRIVATE SECTOR PROVISIONING PROVISIONS PUBLIC PUBLIC COMPANIES PUBLIC DEBT PUBLIC OFFERING PUBLIC SECTOR REAL GDP REAL SECTOR REORGANIZATION RETAINED EARNINGS RETIREMENT RISK MANAGEMENT RISK MEASUREMENT SAVINGS SECURITIES SECURITIES MARKETS SYSTEMIC RISK TRANSPARENCY TRANSPORT TRUSTS UTILITIES The objective of this paper is to describe the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Supported by the macroeconomic environment and financial system reforms, total financing to the private sector (particularly consumer credit) increased relative to GDP, while accessibility and affordability generally improved. Equity issuance did not play an important role during the period under consideration. Although the supply of financing shifted toward domestic nonbank providers, commercial banks remain the primary source of funding. Significant progress was made in cleaning up bank loan portfolios and in strengthening financial system soundness and infrastructure. The prospects for continued private sector financing growth remain very positive, but financing is not spread out evenly across all market segments. The authors conclude with some policy implications to further facilitate deeper and broader financing of the private sector. 2012-06-07T19:24:24Z 2012-06-07T19:24:24Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/7745642/financing-private-sector-mexico-2000-05-evolution-composition-determinants http://hdl.handle.net/10986/7442 English Policy Research Working Paper; No. 4264 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Mexico
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING AFFILIATES AGRICULTURE AUDITING BALANCE SHEETS BANK CREDIT BANK DEPOSITS BANK LENDING BANK LOANS BANK RESTRUCTURING BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BOND ISSUANCE BOND MARKETS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITALIZATION CLEARING HOUSES COMMERCIAL BANKS COMMERCIAL CREDIT COMPETITIVENESS CONSUMER PROTECTION CORPORATE GOVERNANCE CORPORATE INSOLVENCY COUNTRY COMPARISONS CREDIT UNIONS DEBT DEBT FINANCING DEFICITS DEPOSIT INSURANCE DEPOSITS DEVELOPMENT AGENCY DEVELOPMENT BANKS DOMESTIC CREDIT ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SIZE EQUITY INVESTMENTS FACTORING FINANCIAL AUTHORITIES FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL REFORMS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL TRANSACTIONS FINANCING SOURCES FOREIGN BONDS GDP GDP DEFLATOR GDP PER CAPITA GROWTH RATE HOLDING COMPANIES HOUSING HOUSING FINANCE INFLATION INTEREST RATES IPO LEGAL FRAMEWORK LIQUIDATION LITIGATION LOAN CLASSIFICATION MACROECONOMIC PERFORMANCE MARKET INCENTIVES MATURITIES MORTGAGE LENDING MORTGAGE LOANS MORTGAGES MUTUAL FUND PER CAPITA INCOME PORTFOLIO PORTFOLIOS PRICE INFLATION PRIVATE SECTOR PROVISIONING PROVISIONS PUBLIC PUBLIC COMPANIES PUBLIC DEBT PUBLIC OFFERING PUBLIC SECTOR REAL GDP REAL SECTOR REORGANIZATION RETAINED EARNINGS RETIREMENT RISK MANAGEMENT RISK MEASUREMENT SAVINGS SECURITIES SECURITIES MARKETS SYSTEMIC RISK TRANSPARENCY TRANSPORT TRUSTS UTILITIES
spellingShingle	ACCOUNTING AFFILIATES AGRICULTURE AUDITING BALANCE SHEETS BANK CREDIT BANK DEPOSITS BANK LENDING BANK LOANS BANK RESTRUCTURING BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BOND ISSUANCE BOND MARKETS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITALIZATION CLEARING HOUSES COMMERCIAL BANKS COMMERCIAL CREDIT COMPETITIVENESS CONSUMER PROTECTION CORPORATE GOVERNANCE CORPORATE INSOLVENCY COUNTRY COMPARISONS CREDIT UNIONS DEBT DEBT FINANCING DEFICITS DEPOSIT INSURANCE DEPOSITS DEVELOPMENT AGENCY DEVELOPMENT BANKS DOMESTIC CREDIT ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SIZE EQUITY INVESTMENTS FACTORING FINANCIAL AUTHORITIES FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL REFORMS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL TRANSACTIONS FINANCING SOURCES FOREIGN BONDS GDP GDP DEFLATOR GDP PER CAPITA GROWTH RATE HOLDING COMPANIES HOUSING HOUSING FINANCE INFLATION INTEREST RATES IPO LEGAL FRAMEWORK LIQUIDATION LITIGATION LOAN CLASSIFICATION MACROECONOMIC PERFORMANCE MARKET INCENTIVES MATURITIES MORTGAGE LENDING MORTGAGE LOANS MORTGAGES MUTUAL FUND PER CAPITA INCOME PORTFOLIO PORTFOLIOS PRICE INFLATION PRIVATE SECTOR PROVISIONING PROVISIONS PUBLIC PUBLIC COMPANIES PUBLIC DEBT PUBLIC OFFERING PUBLIC SECTOR REAL GDP REAL SECTOR REORGANIZATION RETAINED EARNINGS RETIREMENT RISK MANAGEMENT RISK MEASUREMENT SAVINGS SECURITIES SECURITIES MARKETS SYSTEMIC RISK TRANSPARENCY TRANSPORT TRUSTS UTILITIES Stephanou, Constantinos Munoz, Emanuel Salinas Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
geographic_facet	Latin America & Caribbean Mexico
relation	Policy Research Working Paper; No. 4264
description	The objective of this paper is to describe the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Supported by the macroeconomic environment and financial system reforms, total financing to the private sector (particularly consumer credit) increased relative to GDP, while accessibility and affordability generally improved. Equity issuance did not play an important role during the period under consideration. Although the supply of financing shifted toward domestic nonbank providers, commercial banks remain the primary source of funding. Significant progress was made in cleaning up bank loan portfolios and in strengthening financial system soundness and infrastructure. The prospects for continued private sector financing growth remain very positive, but financing is not spread out evenly across all market segments. The authors conclude with some policy implications to further facilitate deeper and broader financing of the private sector.
format	Publications & Research :: Policy Research Working Paper
author	Stephanou, Constantinos Munoz, Emanuel Salinas
author_facet	Stephanou, Constantinos Munoz, Emanuel Salinas
author_sort	Stephanou, Constantinos
title	Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
title_short	Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
title_full	Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
title_fullStr	Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
title_full_unstemmed	Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants
title_sort	financing of the private sector in mexico, 2000-05 : evolution, composition, and determinants
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2007/06/7745642/financing-private-sector-mexico-2000-05-evolution-composition-determinants http://hdl.handle.net/10986/7442
_version_	1764402040653479936

Financing of the Private Sector in Mexico, 2000-05 : Evolution, Composition, and Determinants

Similar Items