Mexico: Escaping from the Debt Crisis Case Solution
The main lessons consist of: 1) an awareness of the external and internal reasons for Mexico's unsustainable debt, 2) the problems of change and the restraints policymakers deal with in carrying out protocol, and 3) the problems beneath which noninflationary development and debt payment are lasting.
Explains how Mexico faced the debt crisis in 1982 and just how the de la Madrid management (1982-88) followed by the Salinas federal government (1988 on) planned policies to fix the macroeconomic inequalities. Explains the political and financial effects of these plans and the tradeoffs included.
PUBLICATION DATE: April 03, 1990
This is just an excerpt. This case is about GLOBAL BUSINESS
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