Subject category:
Economics, Politics and Business Environment
Published by:
Harvard Business Publishing
Version: 15 October 2002
Length: 23 pages
Data source: Published sources
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Abstract
Describes the evolution of the Mexican economy and its relation with the international capital markets in the period leading up to the Peso crisis of December 1994. Emphasizes the role of 'Washington consensus' policies in stimulating the inflows, and the inability of the Mexican banking system to intermediate them efficiently.
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Abstract
Describes the evolution of the Mexican economy and its relation with the international capital markets in the period leading up to the Peso crisis of December 1994. Emphasizes the role of 'Washington consensus' policies in stimulating the inflows, and the inability of the Mexican banking system to intermediate them efficiently.