Cover image for Banking in North America : NAFTA and beyond
Banking in North America : NAFTA and beyond
Haar, Jerry, 1947-
Publication Information:
New York : Elsevier, 1999.
Physical Description:
xiii, 214 pages ; 24 cm.
Corporate Subject:
Format :


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HG2398 .B36 1999 Adult Non-Fiction Central Closed Stacks

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The tremendous growth and expansion of global financial services have produced significant changes in the banking sector worldwide. North America, especially, has experienced far reaching changes due to both global and regional developments. NAFTA (the North American Free Trade Agreement) has had a significant impact on banking in Canada, the United States and Mexico, and will continue to do so. As the principle of national treatment is a vitally important fixture of the accord, governments - federal, state and provincial - in all three nations are now required to open up and level the playing field for financial competitors throughout North America. This book aims to present, analyse and discuss the evolution, current state and outlook for financial services in North America, with special attention to the banking sector. Authors from all three nations and representing different policy perspectives address the theme within the context of the globalization of trade and financial services; changes in domestic banking and regulatory policies in Canada, Mexico and the United States; and the impact of NAFTA and its financial services provisions on the banking sector of each nation.

Author Notes

Jerry Haar is Senior Research Associate and Director of the Inter-American Business and Labor Program at the North-South Center, University of Miami, and Research Affiliate at Harvard University's Rockefeller Center for Latin American Studies.
Krishnan Dandapani is Professor and Chairman of the Finance Department at Florida International University.

Table of Contents

Jerry Haar and Krishnan DandapaniHarry M. MaklerStephen Lande and Manuel Mindreau and Michael LandeJames R. Barth and Ray Chou and John S. Jahera, JrJames L. DarrochIgnacio Perrotini and Luis Miguel GalindoCarlos PalomaresEmmanuel N. RoussakisJohn A. Adams, JrSaturnino E. Lucio, IIJerry Haar and Krishnan Dandapani
The Editorsp. ix
The Contributorsp. xi
Acknowledgementsp. xiii
1. Introductionp. 1
2. Regional Integration and Trends in Financial Servicesp. 12
3. NAFTA and Financial Services: Implications for Banksp. 32
4. The U.S. Banking Industry in Transitionp. 53
5. Canadian Banking Strategy in North Americap. 81
6. Internationalization of the Mexican Financial Marketp. 102
7. Globalization of Financial Services: Implications for Competition in the North American Marketp. 119
8. Beyond NAFTA: Banking Trends in Latin Americap. 145
9. Mexico and the IMF: Regional Banking Crisis--Global Consequencesp. 166
10. The Effect of NAFTA on the Entry of Foreign Banks in Mexico and the United Statesp. 183
11. Conclusionp. 196
Author Indexp. 203
Subject Indexp. 205