Mexican Economy After the Global Financial Crisis

Mexican Economy After the Global Financial Crisis
Author: M. Angeles Villareal
Publisher: DIANE Publishing
Total Pages: 24
Release: 2011
Genre: History
ISBN: 1437941109

This is a print on demand edition of a hard to find publication. Mexico and the U.S. have strong economic, political, and social ties, which have direct policy implications related to bilateral trade, economic competitiveness, migration, and border security. The global financial crisis that began in 2008 and the U.S. economic downturn had strong adverse effects on the Mexican economy. Contents of this report: (1) Intro.; (2) Overview of Mexico¿s Economy: Current Conditions; Ties to the U.S. Economy; Past Economic Policies and Reforms; Effects of the Global Financial Crisis; (3) Effect on Mexico¿s GDP Growth; Exports; Employment; Mfg.; Energy Sector; Foreign Direct Investment Declines; Fall in Remittances; (4) Structural and Other Economic Challenges; (5) Implications for the U.S. Illus.

Mexico 1994

Mexico 1994
Author: Sebastian Edwards
Publisher:
Total Pages: 344
Release: 1997
Genre: Business & Economics
ISBN:

The authors are uniquely positioned to provide valuable insights on both the Mexican crisis and the metamorphosis in the nature of financial debacles.

The Mexican Peso Crisis

The Mexican Peso Crisis
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
Total Pages: 36
Release: 1996-01-01
Genre: Business & Economics
ISBN: 1451929099

This paper examines credibility and reputational factors in explaining the December 1994 crisis of the Mexican peso. After reviewing events leading to the crisis, a model emphasizing the inflation-competitiveness trade-off is presented to explain the formation of devaluation expectations. Estimation results indicate that investors appear to have seriously underestimated the risk of devaluation, despite early warning signals. The collapse of confidence that followed the December 20 devaluation may have been the result of a shift in the perceived commitment of the authorities to exchange rate stability.

Mexico, the Remaking of an Economy

Mexico, the Remaking of an Economy
Author: Nora Lustig
Publisher: Brookings Institution Press
Total Pages: 214
Release: 1992
Genre: Business & Economics
ISBN: 9780815753131

Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning and output growth has increased. Mexico's recovery, however, has been neither smooth nor rapid.

Unexpected Outcomes

Unexpected Outcomes
Author: Carol Wise
Publisher: Brookings Institution Press
Total Pages: 258
Release: 2015-03-10
Genre: Political Science
ISBN: 0815724772

This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe "neoliberal versus developmentalist" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.

Mexico's Economic Dilemma

Mexico's Economic Dilemma
Author: James M. Cypher
Publisher: Rowman & Littlefield Publishers
Total Pages: 237
Release: 2010-07-16
Genre: Political Science
ISBN: 0742568482

Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Raúl Delgado Wise begin with an examination of Mexico's pivotal economic crisis of the 1980s and the consequent turn toward an export-led economy, later anchored by NAFTA. They show how Mexico, after abandoning frequently successful past practices of state-led development, disastrously tied its future to an unconditional reliance on foreign corporations to promote an export-led growth strategy. Focusing on Mexico's cheap labor export model, the authors use the maquiladora sector and the auto industry as case studies of the perils of globalization—the "race to the bottom" as capital becomes ever more international. The government's unconstrained free-market policies, they convincingly argue, have resulted in a fragmented economy marked by stagnation, falling wages, informal part-time employment, and massive migration, which define daily life for all but a tiny minority.

Understanding the Mexican Economy

Understanding the Mexican Economy
Author: Roy Boyd
Publisher: Emerald Group Publishing
Total Pages: 233
Release: 2018-11-06
Genre: Business & Economics
ISBN: 1787690660

This book provides a full, historical, economic, and political context through which to understand the actions of the people and government of Mexico, and it gives insights into how those actions impinge -- and might continue to impinge -- on the United States.

Crisis Cultures

Crisis Cultures
Author: Brian S. Whitener
Publisher: University of Pittsburgh Press
Total Pages: 309
Release: 2019-03-15
Genre: History
ISBN: 082298685X

Drawing on a mix of political, economic, literary, and filmic texts, Crisis Cultures challenges current cultural histories of the neoliberal period by arguing that financialization, and not just neoliberalism, has been at the center of the dramatic transformations in Latin American societies in the last thirty years. Starting from political economic figures such as crisis, hyperinflation, credit, and circulation and exemplary cultural texts, Whitener traces the interactions between culture, finance, surplus populations, and racialized state violence after 1982 in Mexico and Brazil. Crisis Cultures makes sense of the emergence of new forms of exploitation and terrifying police and militarized violence by tracking the cultural and discursive forms, including real abstraction and the favela and immaterial cadavers and voided collectivities, that have emerged in the complicated aftermath of the long downturn and global turn to finance.

The Decline of Latin American Economies

The Decline of Latin American Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
Total Pages: 427
Release: 2009-02-15
Genre: Business & Economics
ISBN: 0226185036

Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.

Mexico's Human Rights Crisis

Mexico's Human Rights Crisis
Author: Alejandro Anaya-Muñoz
Publisher: University of Pennsylvania Press
Total Pages: 344
Release: 2019-01-11
Genre: Political Science
ISBN: 0812251075

Lawless elements are ascendant in Mexico, as evidenced by the operations of criminal cartels engaged in human and drug trafficking, often with the active support or acquiescence of government actors. The sharp increase in the number of victims of homicide, disappearances and torture over the past decade is unparalleled in the country's recent history. According to editors Alejandro Anaya-Muñoz and Barbara Frey, the "war on drugs" launched in 2006 by President Felipe Calderón and the corrupting influence criminal organizations have on public institutions have empowered both state and nonstate actors to operate with impunity. Impunity, they argue, is the root cause that has enabled a human-rights crisis to flourish, creating a climate of generalized violence that is carried out, condoned, or ignored by the state and precluding any hope for justice. Mexico's Human Rights Crisis offers a broad survey of the current human rights issues that plague Mexico. Essays focus on the human rights consequences that flow directly from the ongoing "war on drugs" in the country, including violence aimed specifically at women, and the impunity that characterizes the government's activities. Contributors address the violation of the human rights of migrants, in both Mexico and the United States, and cover the domestic and transnational elements and processes that shape the current human rights crisis, from the state of Mexico's democracy to the influence of rulings by the Inter-American Court of Human Rights on the decisions of Mexico's National Supreme Court of Justice. Given the scope, the contemporaneity, and the gravity of Mexico's human rights crisis, the recommendations made in the book by the editors and contributors to curb the violence could not be more urgent. Contributors: Alejandro Anaya-Muñoz, Karina Ansolabehere, Ariadna Estévez, Barbara Frey, Janice Gallagher, Rodrigo Gutiérrez Rivas, Susan Gzesh, Sandra Hincapié, Catalina Pérez Correa, Laura Rubio Díaz-Leal, Natalia Saltalamacchia, Carlos Silva Forné, Regina Tamés, Javier Treviño-Rangel, Daniel Vázquez, Benjamin James Waddell.