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Investing in Mexico : can't stand the heat.

By:

FARMER, Edward

Material type: Text

TextPublication details: 1997Action note:

3/7/00 M2LMGR

Summary: Discusses strict policies which are bringing Mexico out of fifteen years of economic chaos. Points out that the 1994-95 crisis had its roots in the government's commitment to maintaining the peso-dollar exchange rate, a commitment that changed in December 1994 to when widespread recession followed the devaluation of the peso. Notes that the economy is now growing at a rate of between 5 percent and 8 percent, and the government privatisation and liberalisation policies have recovered momentum.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000016293

Discusses strict policies which are bringing Mexico out of fifteen years of economic chaos. Points out that the 1994-95 crisis had its roots in the government's commitment to maintaining the peso-dollar exchange rate, a commitment that changed in December 1994 to when widespread recession followed the devaluation of the peso. Notes that the economy is now growing at a rate of between 5 percent and 8 percent, and the government privatisation and liberalisation policies have recovered momentum.

3/7/00 M2LMGR

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