In late December 1994--after having attracted widespread praise as a model of economic reform and becoming a super-magnet for international investors, as well as the United States partner in the newly consummated NAFTA trade agreement--Mexico seemingly overnight plunged into political and economic crisis. The perceived threat to the global economy was to lead the Clinton administration, against strong congressional criticism, to push through an unprecedented $40-billion international rescue package. What went wrong in Mexico? What role was played by flaws in the design of the Mexican reforms,...
In late December 1994--after having attracted widespread praise as a model of economic reform and becoming a super-magnet for international investors,...
This work recounts the recent evolution of the Venezuelan economy and details the consequences of new policies designed to tackle the nation's deepest economic crisis. It also explains the failed military coup in February 1992 that threatened Venezuela and analyzes why it occurred.
This work recounts the recent evolution of the Venezuelan economy and details the consequences of new policies designed to tackle the nation's deepest...
