You can change your cookie settings through your browser. The Mexican peso crisis of December 1994 shocked politicians, analysits, and pundits. If you think you should have access to this content, click the button to contact our support team. On December 20, 1994, Mexico suddenly devalued the peso against the US dollar, leading to an international financial crisis and causing other currencies in Latin America to decline as well. We believe in strength of global idea sharing and the power of education, so we work and develop the ReadkonG © to help people all over the world to find the answers and share the ideas they are interested in. Reset filters. To rent this content from Deepdyve, please click the button. The Mexican Peso in the Aftermath of the 1994 Currency Crisis, Crisis Prevention: Lessons from Mexico and East Asia, Check to see if you are eligible for Free Downloads, Archive of Lists of Affiliates' Work in Medical and Other Journals, Productivity, Innovation, and Entrepreneurship, Employer Challenges in Financing and Managing Pension Plans, New Developments in Long-Term Asset Management, Public Policies in Canada and the United States, 2019 Social Security: Panel on Economic Determinants of Fertility Behavior, 2019 NBER's Entrepreneurship Research Boot Camp, 2019 Tributes to Martin Feldstein's role at the NBER, 2019 Big Data and High-Performance Computing for Financial Economics, 2019 New Developments in Long-Term Asset Management, 2019 34th Annual Conference on Macroeconomics, Earlier Summer Institute Methods Lectures, 1050 Massachusetts Ave., Cambridge, MA 02138. Enjoy affordable access to 10 TE HA TH E ME PE S O CR IT S AF 456 The foreign exchange crisis that hit Mexico at the end of 1994 was a classic example of a country’s stubborn adherence to a “strong” currency.
To subscribe to email alerts, please log in first, or sign up for a DeepDyve account if you don’t already have one. Socioeconomic Aftermath Of The Crisis 1883 Words | 8 Pages. In addition, Mexico’s membership to the North American Free Trade Agreement (NAFTA), and ensuing rapid trade liberalization and deregulation of capital market and banking, were paramount to the peso crisis. over 18 million articles from more than
DeepDyve's default query mode: search by keyword or DOI. 15,000 peer-reviewed journals. All the latest content is available, no embargo periods. But with his regal bearing, his smooth and practiced delivery, and—above all—his compelling story, the Mexican finance minister had his audience in thrall. This paper deals with various factors leading to the peso crisis and presents the logical sequence of the unfolding of the events by analyzing the structural and institutional factors. RIS, Asian Flu: Financial Crisis in the Pacific : 12. Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals. 1050 Massachusetts Ave., Cambridge, MA 02138. The capital inflows problem: concepts and issues.
Employment and Fellowships History of the International Monetary Fund, James M. Boughton What caused the Asian currency and financial crisis? Some of the contributing factors were due to structural deficiencies and institutional rigidities, while others dealt with public policy issues. Five Fat Years: Recovery from the Debt Crisis, 1990–94 10. Historical Archives, Research Programs Visit emeraldpublishing.com/platformupdate to discover the latest news and updates, Answers to the most commonly asked questions here, (Kooros Maskooki is Professor of Finance, Department of Accounting and Finance, University of Massachusetts, North Dartmouth, Massachusetts, USA.). In addition, Mexico’s membership to the North American Free Trade Agreement (NAFTA), and ensuing rapid trade liberalization and deregulation of capital market and banking, were paramount … Mexico’s 1994 peso devaluation and ensuing crisis surprised the markets and caught international markets and many policy makers off‐guard. The Mexican peso crisis of December 1994 shocked politicians, analysits, and pundits. BibTeX, Document Object Identifier (DOI): 10.3386/w6516, About NBER
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