Financial Innovation and Structural Change in the Early Stges of Industialization: Mexico, 1945-59 (Reprint No. 7)

Reprint of the article from the Journal of Finance, Volume 18, No. 4, December 1963.Well-documented experience of the Mexican financial sector in an economic development effort. The article points out that qualitative change within the financial sector is the key feature of the economic development process.