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Causes and Lessons of the Mexican Peso Crisis

Author

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  • Griffith-Jones, S

Abstract

This paper analyses in depth the causes of the Mexican peso crisis, so as to learn relevant lessons for similar crisis occurring in other developing or transitional economies. The study follows a relatively chronological order, examining first the apparently golden period, when Mexico was acclaimed world-wide as a success ful reformer.

Suggested Citation

  • Griffith-Jones, S, 1997. "Causes and Lessons of the Mexican Peso Crisis," Research Paper 132, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:132
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    Cited by:

    1. David Barkin, 2015. "Looking Askance at Picketty’s Inequality from the Third World," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(4), pages 566-571, December.
    2. Flores Zendejas, Juan, 2015. "Capital Markets and Sovereign Defaults: A Historical Perspective," Working Papers unige:73325, University of Geneva, Paul Bairoch Institute of Economic History.
    3. Suranjana Nabar†Bhaduri, 2018. "Not Sustainable: India's Trade and Current Account Deficits," Development and Change, International Institute of Social Studies, vol. 49(1), pages 116-145, January.

    More about this item

    Keywords

    BUSINESS CYCLES ; INFLATION ; MEXICO;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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