Gustavo A. Del Angel

• PhD in History
• Center for Research and Teaching in Economics

This article studies the genesis and early international expansion of the bank-issued credit card—an American innovation that quickly took hold in western Europe. Empirical evidence undermines the proposition of a single firm building a proprietary network. In fact, it was a constellation of participants that combined three characteristics, namely,...

PRESENTACIÓN Bernardo Bátiz-Lazo (Universidad de Bangor), Gustavo del Angel (CIDE) y J. Carles Maixé-Altés (Universidad de La Coruña), Editores En esta segunda década del siglo XXI estamos experimentando un recrudecimiento de la onda expansiva que se produjo en los años ochenta del pasado siglo con la explosión de las tecnologías de la información...

In recent years, Mexico has undergone strong growth in the use of cashless payment instruments, primarily the use of credit and debit cards, electronic funds transfers (EFTs) and mobile banking. Although these payment instruments have been available in the country for some time (the bank credit card was introduced in the sixties), their rate of ado...

Competition and Efficiency in the Mexican Banking Industry provides an excellent insight into the productivity and performance features of a major emerging economy. The text will provide an invaluable resource for academics, policymakers, and practitioners interested in banking system reform.– - Philip Molyneux, Professor of Banking and Finance, Ba...

Banks are important in mobilizing and allocating savings in an economy and can solve important moral hazard and adverse selection problems by monitoring and screening borrowers and depositors. Besides, banks are important in directing funds where they are most needed in an efficient manner and have direct implications on capital allocation, industr...

In this chapter, we analyze the competition conditions and the efficiency of Mexico’s banking system for the period 2002–2012, using the data envelopment analysis (DEA) technique and the Boone indicator to assess efficiency and competition, respectively. Besides presenting the efficiency estimations before and after the 2008 financial crisis that a...

The analysis of the structure and efficiency of the financial system is the baseline to design and implement a competition policy. Likewise, competition policy is an institutional means to improve the efficiency of the financial industry. However, the effective implementation of a competition policy in the financial system requires at least two pre...

Competition in the financial systems of emerging economies is a puzzle. The literature is insufficient and as a result, policymakers have weak empirical evidence to improve competition in the financial system. Nevertheless, it has always been the case in the literature and a concern for policymakers. Mexico is not the exception among developing eco...

Over the last 40 years, the Mexican banking system has experienced several waves of consolidation. Throughout these decades, there have been cycles in which the number of participants in the industry has increased and cycles in which the number of institutions has contracted through processes of bank consolidation. This has been intrinsically linke...

Over the twentieth century, the Mexican financial system emerged embedded in business groups, as a way of serving their financial needs. Until 1982, Mexico's banking system experienced unprecedented expansion. This article explains how, despite extensive insider lending practices, the relationships between business groups and financial intermediari...

Esta nota reseña la versión castellana de uno de los libros más importantes en materia de las llamadas microfinanzas o finanzas populares. El libro fue originalmente publicado en inglés por MIT press.

Page of the book in publisher site: https://www.fondodeculturaeconomica.com/Librerias/Detalle.aspx?ctit=101606L

Although Mexico is the second national market in Latin America, with one of the highest rates of economic growth since 1995, insurance penetration is below the average for the region, standing in 2010 at 1.9 per cent of the country's GDP. The low penetration of insurance is explained by both the nature of Mexico as a nation and market and the speci...

Este artículo explica cómo el banco BBVA Bancomer, filial mexicana del grupo BBVA, logró constituir a lo largo de su historia una presencia dominante en el mercado mexicano. Ello se explica enfocándose en los cambios internos del banco y acciones estratégicas que a lo largo de su historia lo llevaron a constituirse como uno de los dos bancos mayore...

Access to the book: http://www.hacienda.gob.mx/LASHCP/Publicaciones/Documents/LIBRO_CP_P.pdf

Link to the full text of the book: http://www.conafor.gob.mx/portal/index.php/component/content/article/6/432

The Decline of Latin American Economies: Growth, Institutions, and Crises. Edited byEdwardsSebastian, EsquivelGerardo, and MarquezGraciela. Chicago: University of Chicago Press, 2007. viii + 418 pp. Figures, tables, notes, index. Cloth, $85.00. ISBN: 978-0-226-18500-2. - Volume 82 Issue 3 - Gustavo A. Del Angel

Link in publishers page: https://www.routledge.com/Technological-Innovation-in-Retail-Finance-International-Historical-Perspectives/Batiz-Lazo-Maixe-Altes-Thomes/p/book/9780415654364

CoatsworthJohn y TaylorAlan (eds.): Latin America and the World Economy since 1800, Cambridge, Mass., Harvard University Press-David Rockefeller Center Series on Latin American Studies, 1998, 484 pp., índices: general, de cuadros y alfabético, bibliografía para cada capítulo, apéndices con datos. - Volume 18 Issue 3 - Gustavo A. del Ángel-Mobarak

AltunbasYener, KaraAlper, and OlguÖzlem. Turkish Banking. Banking under Political Instability and Chronic High Inflation. Palgrave MacMillan Studies in Banking and Financial Institutions. UK: Palgrave MacMillan, 2009. xix + 217 pp. ISBN 9781403997111, $85.00 (cloth). - Volume 11 Issue 3 - Gustavo A. Del Angel-Mobarak

Turkey is a major emerging economy, one of the oldest hubs of economic activity and a historic link between the markets of east and west. However, little is known about the structure and evolution of its financial system. The contribution of professors Yener Altunbas, Alper Kara, and Özlem Olgu is, therefore, welcome in all areas of knowledge that...

http://www.istor.cide.edu/revistaNo36.html

Link in the publisher's site: http://www.ceey.org.mx/libro/expropiacion-banca-mexico-ensayo-economia-politica

After the 1995 crisis, the Mexican banking system experienced significant changes in bank accounting standards. Most of these changes took place between 1996 and 2001, and had a significant impact in the structure and interpretation of financial information of banks. This document explains the major changes on bank accounting, their purpose and str...

After the 1995 crisis, the Mexican banking system experienced significant changes in bank accounting standards. Most of these changes took place between 1996 and 2001, and had a significant impact in the structure and interpretation of financial information of banks. This document explains the major changes on bank accounting, their purpose and str...

After the 1995 crisis, the Mexican banking system experienced significant changes in bank accounting standards. Most of these changes took place between 1996 and 2001, and had a significant impact in the structure and interpretation of financial information of banks. This document explains the major changes on bank accounting, their purpose and str...

In this article we explore the emergence and evolution of collaboration agreements among different types of intermediaries in the UK and Mexican financial systems. Collaboration in the UK looks at agreements between non-bank and non-finance providers aiming to modify their competitive capabilities and circumvent barriers to enter deposit markets. C...

En el presente ensayo se intenta ofrecer una síntesis panorámica de los estudios más innovadores que se han realizado recientemente sobre la historia del crédito y la banca en México en los siglos XIX y XX, enfatizando, en particular, los interrogantes que dichos trabajos van abriendo para futuras investigaciones en este campo.

This research explores the evolution of co-operation among different types of intermediaries in the UK and Mexican financial systems and provides an international comparison. In it we focus on how and why collaboration between commercial banks and non-bank financial competitors emerged in the context of the external innovations that modified the co...

Obra que analiza las causas y consecuencias de la nacionalización de la banca en México. Los autores argumentan que este fenómeno fue fundamentalmente político, a pesar de que se le atribuyó un propósito instrumental; dicen que después de la expropiación, muchos bancos mantuvieron una operación sana y rentable, pero los efectos a largo plazo en la...