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date: 22 January 2019

Abstract and Keywords

This article provides an overview of the recent consolidation of banking sectors in Latin America. It then considers the evolution of financial policy and how it has contributed toward the recent consolidation process. It investigates the effects of consolidation on banking sectors. As the subprime mortgage crisis exploded after this article was completed, and since so far its impact on the region has been relatively moderate, the article includes an epilogue discussing perspectives for the three major economies in the region: Argentina, Brazil, and Mexico.

Keywords: banking industry, banking sector, consolidation, financial policy, Argentina, Brazil, Mexico

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