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 of the various economic programs of the de la Madrid presidency in dealing with the nation's problems.
Format:Hardcover
Language:English
ISBN:0822305577
ISBN13:9780822305576
Release Date:April 1985
Publisher:Duke University Press
Length:328 Pages
Recommended
Format: Hardcover
Condition: New
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