This article seeks to contribute to the academic debate regarding financialization, through an analysis of its evolution in Mexico. As we argue, Mexico has been at the forefront of the tendencies and historical events that have defined financialization at the global level. Moreover, Mexico is...

This article analyzes the structural reform stages in Latin American countries, the so call Washington Consensus agenda and the behaviour of the foreign investment flows. It was studied the results of the third generation reforms and the changes in the structure of the financial markets, in...

This paper argues that a fundamental aspect of the process of financialization is the transformation and evolution of certain key institutions. In national spaces, these include those that play essential roles in financing economic activity, such as the central bank and the commercial banking...

During the last decades, Latin American economies have liberalized their capital accounts and their domestic capital markets and banking-financial sectors to accelerate economic growth. It was taken for granted that Latin American countries suffered from a deep scarcity of capital and an...

The preponderance of evidence suggests that denser and more connected communities with a higher degree of mixed land uses results in fewer vehicle kilometers traveled (VKT). However, there is less agreement as the size of the effect. Also, there is no clear understanding as to the aspects of...

This paper analyzes a seldom discussed aspect of Argentina's banking crisis of 2001-2002: the conflict that arose between foreign banks and the national government over the economic policies applied in response to the banking crisis. In particular, the paper will examine the foreign banks'...

This article analyses several aspects of the divergent economic evolution of North America at the 20-year mark of the North American Free Trade Agreement (NAFTA), with a particular focus on the Mexican economy. Mexico's principal economic role in NAFTA has been that of a secondary exporter, with...

The central focus of this book is the relationship between money, the sphere of production, and the State. It explores how best to adapt the fundamental ideas of the circulationist perspective to achieve a better understanding of the financialisation of the production processes within...

Mainstream thinking seems to support the idea that once a financial crisis <i>ends</i> everything returns to normal. At the most, some regulatory changes on capital and reserves of the banks could be required. However, to understand what really happens during financial crises and the changes in overall...

The decisions of the Federal Reserve of the United States (Fed) determining interest rates have played a critical role in capital inflows/outflows toward Mexico and Latin America. The causal relationship that exists between the Fed and emerging markets is quite close; a clear example of this is...