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Hardcover Economic Policy Making in Mexico: Factors Underlying the 1982 Crisis Book

ISBN: 0822305577

ISBN13: 9780822305576

Economic Policy Making in Mexico: Factors Underlying the 1982 Crisis

(Part of the Duke Press Policy Studies Series)

This volume argues that the Mexican crisis of August 1982, in which the country was left facing the prospect of national default and zero economic growth, was not only the result of some fundamental flaws in the country's economy, but is more accurately characterized as a cash flow problem--in the author's words, "a case of illiquidity rather than insolvency." Based on a thorough analysis of the Mexican economy, the book assesses the effectiveness...

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Format: Hardcover

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