Back in 1994, the Mexican government could borrow to a maximum term of one week. Today the Mexican 9  government regularly issues bonds in pesos at fixed rates of interest with a maturity of 30 years. Moreover, with lower inflation, the ratio of private sector credit to GDP has increased since the mid-2000s, contributing to higher sustainable growth.
Even if all the efforts I have mentioned were made, including macroeconomic policies, regulation, supervision, and selfdiscipline, there will always remain the possibility of financial institution failure. Recognizing this harsh reality, we have to redouble our efforts to construct a financial infrastructure that is resilient to shocks.