000			01595cam a22002651 4500
008			731101s1966 txua b 000 0 eng
040			_aDLC _cOClU
050	0	0	_aHG185.M6 _bB7
082			_a332.0972 _bBRO
100	1		_aBrothers, Dwight S.,
245	1	0	_aMexican financial development/
260			_aAustin: _bUniversity of Texas Press, _c[1966]
300			_axi, 236 p.
500			_a"The sections ... originally drafted in Spanish were translated into English by Marian Berdecio."
504			_aBibliography: p. [209]-221.
520			_aThis is a fine addition to the growing body of literature on Mexican development. The authors begin with a synopsis of the pre-1940 financial system, pass on to their major task of describing and explaining Mexico's financial history in the 1940-1960 period, and conclude with a review of post-1960 developments. Their major task they divide into two parts. The first is a detailed descriptive history (by far the best yet published), of financial institutions, instruments, policies, and procedures. The second is a theoretical attempt to explain both the behavior of the monetary authorities and the growth of "financial intermediation." The authors argue convincingly that the power of the central bank to control the money supply using traditional quantitative controls is severely limited in a country like Mexico.
590			_arpm 02/05/2018
591			_aLoans
650		0	_aFinance
650		0	_aMonetary policy
650		0	_aSaving and investment
700	2		_aSolís M., Leopoldo,
942			_2ddc _cBOOK
949			_a332.0972 BRO
999			_c8202 _d8202