You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Carnegie Endowment for International Peace Remove constraint Publishing Institution: Carnegie Endowment for International Peace Political Geography Mexico Remove constraint Political Geography: Mexico Topic International Trade and Finance Remove constraint Topic: International Trade and Finance
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  • Author: Jacob Steinfeld
  • Publication Date: 07-2004
  • Content Type: Policy Brief
  • Institution: Carnegie Endowment for International Peace
  • Abstract: FOREIGN DIRECT INVESTMENT (FDI) HAS TRANSFORMED MEXICO'S BANKING SYSTEM during the past decade, making it the second largest in Latin America with $165 billion in commercial assets in 2003. In the past four years, Mexico received $25.3 billion of FDI into its financial sector. This composes nearly 40 percent of total FDI inflows into the country. As a result of FDI flowing into the country's financial sector, the Mexican banking system has the highest ratio of foreign ownership in Latin America.
  • Topic: Economics, International Trade and Finance, Political Economy
  • Political Geography: Latin America, Mexico
  • Author: George Perkovich, Sandra Polaski, John Audley, Scott Vaughan
  • Publication Date: 08-2003
  • Content Type: Policy Brief
  • Institution: Carnegie Endowment for International Peace
  • Abstract: Following the riotous 1999 meeting in Seattle, and a near failure in Doha in 2001, the World Trade Organization dedicated the current round of trade liberalization talks to “development.” Negotiators will meet in Cancun, Mexico, in September amid competing claims regarding what steps are necessary to make trade serve development goals. The catch phrases of international trade—“comparative advantage,” “the development round,” “trade not aid,” and “level playing field”—hide tough choices for both developing and developed country governments. Getting trade rules right is not sufficient for development, but getting them wrong can cripple it. The authors outline the policies that governments and international institutions will need to avoid a debacle at Cancun and to assist developing countries in achieving long-lasting growth.
  • Topic: Development, Globalization, International Organization, International Trade and Finance
  • Political Geography: Mexico