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July 08, 2010

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To this debate I will add something else that could be relevant for developing countries like Mexico. There is something else than regulation in Mexico, because since the 1995 economic crisis regulation has been on the agenda and many rules have been reformed since then in order to strength financial laws and the supervisory instruments of government, however credit to private sector has been very low compared with other countries, and this must be the main issue to resolve rather than looking for new reforms that can constriant domestic credit

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