mexico-s-economic-crisis

Download Book Mexico S Economic Crisis in PDF format. You can Read Online Mexico S Economic Crisis here in PDF, EPUB, Mobi or Docx formats.

Mexico S Economic Crisis

Author : Miguel D. Ramírez
ISBN : UCSD:31822003407210
Genre : Business & Economics
File Size : 82. 29 MB
Format : PDF, Mobi
Download : 902
Read : 636

Get This Book


In his penetrating analysis of Mexico's current economic, political, and social situation, Ramirez focuses on the major structural problems that underlie the nation's profound economic difficulties and the challenges they pose to its people. Writing for both economists and political scientists, Ramirez offers a framework of analysis for a better understanding of Mexico's economic crisis -- one based on an in-depth examination of both its historical origins and its present ramifications. The discussion is supported by comprehensive coverage of the relevant economic data, making this one of the most thorough treatments of the subject available in print. Following an introductory chapter that provides essential background information, Ramirez addresses the historical and institutional background of the current situation. His study is unusually broad-based in scope, encompassing such issues as the social costs of modernization and the legacy of revolution during the first part of this century, Cardenas and the revolutionary process, economic growth via import-substitution policies, the exhaustion of the Mexican growth model during the 1970s and 1980s, the IMF austerity program. The final chapters present cogently argued policy recommendations -- including alternatives to the austerity measures imposed by international lending organizations. Ramirez's conclusions regarding the causes of Mexico's economic decline and his predictions for the country's economic future make an important contribution to the debate over Mexico's economic survival.

Mexico

Author : Nora Claudia Lustig
ISBN : 0815721242
Genre : Political Science
File Size : 73. 35 MB
Format : PDF, Mobi
Download : 778
Read : 1136

Get This Book


Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and out growth has increased. Mexico's recovery, however, has been neither smooth nor rapid. In mid-1982, Mexico was in deep economic crisis compounded by an unfavorable international environment. Mexico was saddled with a large foreign debt, world interest rates were high, commercial banks had stopped lending, and the price for oil was dropping. Conditions at home were no better with rampant inflation, increasing capital flight, and chaos in financial and foreign exchange markets. To confront internal imbalances and accommodate adverse external conditions, Mexico adjusted its consumption and output, then sought new ways to foster growth. The crisis and adjustment imposed great hardship and demanded enormous discipline on the part of the government. This was accomplished without serious political or social disruption. In this book, Nora Lustig analyzes Mexico's economic evolution from the outset of the debt crisis in 1982 until the sweeping reforms began to bear fruit in the early 1990s. She explains the causes of the 1982 economic crisis and why it took Mexico "so long" to restore stability and growth. She also explores the question of the social costs of economic crisis and adjustment, and why the process may have been easier for Mexico than other debt-ridden countries. A discussion of the emerging role of the state in Mexico and the country's new outward-oriented development strategy is followed by an analysis of its search for greater economic integration with the United States and Canada. Selected by Choice as an Outstanding Book of 1992

Mexico ?s Financial Crisis

Author : Miguel Angel Picazo
ISBN : 3838361806
Genre :
File Size : 87. 30 MB
Format : PDF, ePub, Mobi
Download : 299
Read : 1273

Get This Book


The reasons of Mexicos financial crisis can be assessed by considering economic, financial and political reasons during the period 1988-1994. The political economy of Carlos Salinas' administration (1988-1994) was based on a policy of openness and stability for foreign investors. From 1994 Mexico had started to have a close contact with foreign markets. The Central Bank of Mexico had four elements to defend the Mexican exchange rate. The first was the scheme of bands that was kept until December 1994 to engender certainty in the financial markets. The second element was to increase interest rates. The third element was to use Mexico's international currency reserves. The fourth element was to issue tesobonos. The flaws in Mexico's political economy were associated with the issuance of tesobonos, the collapse of a semi-fixed exchange rate, current account deficit, domestic political shocks, excessive lending from commercial banks to the private sector and the lack of a consistent exchange rate adjustment programme from the Central Bank."

Mexico S Economic Crisis

Author : Donald L. Wyman
ISBN : UCSD:31822003440161
Genre : Mexico
File Size : 29. 56 MB
Format : PDF, ePub, Mobi
Download : 502
Read : 447

Get This Book



The 1994 Mexican Economic Crisis

Author : Mr.Eliot Kalter
ISBN : 9781451857726
Genre : Business & Economics
File Size : 41. 85 MB
Format : PDF, ePub, Docs
Download : 495
Read : 879

Get This Book


This paper discusses the role of a country’s fiscal stance in weakening the financial underpinnings of an open economy with a quasi-fixed nominal exchange rate, even where the overall fiscal deficit remains unchanged, or even narrows. The paper cites the role of expanding government operations in reducing the relative price of traded goods. A marked increase in government expenditure and taxation is associated with increased production costs, excess demand for nontraded goods, and a deterioration in the financial health of the traded goods sector. The paper demonstrates that, in contrast to the current economic situation in Mexico, the period leading to the 1994 crisis closely parallels these stylized facts.

Mexico S Financial Crisis

Author :
ISBN : UCSD:31822021487178
Genre : Business cycles
File Size : 87. 28 MB
Format : PDF, Kindle
Download : 605
Read : 948

Get This Book



Empirical Review Of The Financial Crisis In Mexico

Author : Brian Ames
ISBN : UCSD:31822015528888
Genre : Balance of payments
File Size : 47. 46 MB
Format : PDF, Mobi
Download : 138
Read : 590

Get This Book



Mexico

Author : Nora Lustig
ISBN : 0815753195
Genre : Business & Economics
File Size : 67. 67 MB
Format : PDF, Docs
Download : 896
Read : 563

Get This Book


Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and out growth has increased. Mexico's recovery, however, has been neither smooth nor rapid. In mid-1982, Mexico was in deep economic crisis compounded by an unfavorable international environment. Mexico was saddled with a large foreign debt, world interest rates were high, commercial banks had stopped lending, and the price for oil was dropping. Conditions at home were no better with rampant inflation, increasing capital flight, and chaos in financial and foreign exchange markets. To confront internal imbalances and accommodate adverse external conditions, Mexico adjusted its consumption and output, then sought new ways to foster growth. The crisis and adjustment imposed great hardship and demanded enormous discipline on the part of the government. This was accomplished without serious political or social disruption. In this book, Nora Lustig analyzes Mexico's economic evolution from the outset of the debt crisis in 1982 until the sweeping reforms began to bear fruit in the early 1990s. She explains the causes of the 1982 economic crisis and why it took Mexico "so long" to restore stability and growth. She also explores the question of the social costs of economic crisis and adjustment, and why the process may have been easier for Mexico than other debt-ridden countries. A discussion of the emerging role of the state in Mexico and the country's new outward-oriented development strategy is followed by an analysis of its search for greater economic integration with the United States and Canada. Selected by Choice as an Outstanding Book of 1992

The Global Economic Crisis In Latin America

Author : Michael A. Cohen
ISBN : 9780415692175
Genre : Business & Economics
File Size : 59. 48 MB
Format : PDF, ePub, Docs
Download : 802
Read : 1330

Get This Book


When the 2008 housing market bubble burst in the US, a financial crisis rippled from the epi-centre across borders into economies both near and far, causing persistent social and economic detriment in many countries. This book is an examination of the impacts and responses through the lens of three countries: Mexico, Brazil, and Argentina.

Mexico S Dilemma

Author : G. Roberto Newell
ISBN : STANFORD:36105039742809
Genre : Business & Economics
File Size : 78. 3 MB
Format : PDF, ePub
Download : 368
Read : 912

Get This Book



How Mexico S Financial Crisis Affected Income Distribution

Author : Gladys Lopez Acevedo
ISBN :
Genre : Crisis economica - Mexico
File Size : 69. 13 MB
Format : PDF, ePub, Mobi
Download : 717
Read : 862

Get This Book


After Mexico's financial crisis in 1994, the distribution of income and labor earnings improved. But financial income and rising labor earnings in higher-income brackets are growing sources of inequality in Mexico.

Changing Structure Of Mexico

Author : Laura Randall
ISBN : 076563144X
Genre : Business & Economics
File Size : 58. 53 MB
Format : PDF, ePub
Download : 788
Read : 953

Get This Book


Mexico is reinventing itself. It is moving toward a more tolerant, global, market oriented, and democratic society. This new, second edition of Changing Structure of Mexico is a comprehensive and up-to-date presentation of Mexico's political, social, and economic issues. All chapters are new, and are written by noted Mexican and U.S. scholars. Changing Structure of Mexico provides a lucid and informative introductory reader on Mexico. The book covers such topics as Mexico's foreign economic policy and NAFTA; maquiladoras; and technology policy; domestic issues such as banking, tax reform, and oil/energy policy; the environment; population and migration policy; the changing structure of political parties; and changes affecting women and labor, as well as the values that underlie the remarkable changes in Mexico during the last two decades.

The Politics Of Economic Restructuring

Author : Maria Lorena Cook
ISBN : UTEXAS:059173004330952
Genre : Political Science
File Size : 59. 39 MB
Format : PDF
Download : 382
Read : 964

Get This Book


This volume examines three key questions arising from the economic and political transformations during the 1980s and early 1990s. What is the relationship between economic liberalization and political democratization? What is the significance of the Mexican case for the comparative analysis? What has been the impact of economic restructuring?

A New Vision For Mexico 2042

Author : Claudio Loser
ISBN : 9788132110040
Genre : Social Science
File Size : 48. 63 MB
Format : PDF, Kindle
Download : 815
Read : 971

Get This Book


Mexico is at a critical juncture. The next administration will assume power at a particularly crucial time in Mexico's economic and social development. Its priorities and actions will have a decisive impact on the country’s long-term economic, social, and even, political trajectory. If the political paralysis that has prevented the last two administrations from tackling Mexico’s fundamental economic problems continues for another six years, the country may slide from its current low-growth equilibrium into a vicious cycle of economic stagnation, and subsequently dash the peoples’ hopes, further erode the government's credibility, and worsen the law and order situation. By contrast, if the new administration embraces a well-balanced reform agenda and adopts a package of bold initiatives early in its term, it could once again unleash Mexico's vast potential and build the foundations of a more prosperous, safer and dynamic society. A New Vision for Mexico 2042 identifies the priority issues that could influence Mexico’s long-term economic trajectory, and outlines a balanced action program necessary to effectively address these issues. It includes reforms and actions that would simultaneously achieve much higher and more inclusive growth, and thus would restore the sense of pride and optimism among Mexicans that has been eroding in recent years. The issues discussed are ofsuch importance that the legacy of the next Presidency could well be determined by the administration’s willingness and ability to implement the agenda outlined in this book.

The Impact Of The Economic Crisis On Living Standards In Mexico 1982 1985

Author : Nora Lustig
ISBN : UCSD:31822015547375
Genre : Cost and standard of living
File Size : 72. 61 MB
Format : PDF, Docs
Download : 417
Read : 1248

Get This Book



Financial Stability Economic Growth And The Role Of Law

Author : Douglas W. Arner
ISBN : 9781139464543
Genre : Law
File Size : 33. 13 MB
Format : PDF, Kindle
Download : 835
Read : 1314

Get This Book


Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly impact not only individual economies but also markets, financial intermediaries, and economies around the world. This volume addresses the twin objectives of financial development in the context of financial stability and the role of law in supporting both. Financial stability (frequently seen as the avoidance of financial crisis) has become an objective of both the international financial architecture and individual economies and central banks. At the same time, financial development is now seen to play an important role in economic growth. In both financial stability and financial development, law and related institutions have a central role.

Mexico Economic Crisis

Author : United States. Congress. House. Committee on International Relations
ISBN : PSU:000024130486
Genre : Economic assistance, American
File Size : 72. 78 MB
Format : PDF, Mobi
Download : 543
Read : 1003

Get This Book



Administration S Response To The Mexican Financial Crisis

Author : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on General Oversight and Investigations
ISBN : UCR:31210010794137
Genre : Devaluation of currency
File Size : 22. 92 MB
Format : PDF
Download : 545
Read : 1243

Get This Book



Mexico

Author : Maurey E Bredahl
ISBN : 9780429718113
Genre : Political Science
File Size : 90. 80 MB
Format : PDF, Kindle
Download : 845
Read : 559

Get This Book



Mexico S Economic Dilemma

Author : James M. Cypher
ISBN : 0742556611
Genre : Business & Economics
File Size : 39. 77 MB
Format : PDF, Kindle
Download : 290
Read : 1319

Get This Book


Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Raul Delgado Wise begin with an examination of Mexico's pivotal economic crisis of the 1980s and the consequent turn toward an export-led economy, later anchored by NAFTA. They show how Mexico, after abandoning frequently successful past practices of state-led development, disastrously tied its future to an unconditional reliance on foreign corporations to promote an export-led growth strategy. This strategy, they convincingly argue, has resulted in a fragmented economy marked by stagnation, falling wages, informal part-time employment, and massive migration, which define daily life for all but a tiny minority."

Top Download:

Best Books