Debt, Trade, and Payments Issues of Developing Countries and U.S.-Mexican Economic Interdependencies

Debt problems of developing countries seriously constrain their economic and social development as well as the prospects and pace of economic recovery in the developed countries. Debt and trade problems of Mexico are particularly important for the U.S. agricultural economy because of the size and importance of U.S.-Mexican agricultural trade. The importance of Mexico as a U.S. trading partner lends importance to research on Mexican supply, demand, and trade of agricultural commodities and on macroeconomic and monetary policies affecting Mexico's demand and capacity to import. The ninth meeting of the Consortium on Trade Research focused on the debt, trade, and payments problems of developing countries and on U.S.-Mexican economic relationships.