Neely, Christopher J. - In: Review (1996) Jul, pp. 33-48
Five years of economic reforms had made Mexico a model for other developing nations by the end of 1993, when Mexico was … later, in December 1994, Mexico experienced a severe financial crisis, forcing it to borrow from the IMF and the United … States. Some commentators blamed the enactment of NAFTA for the devaluation of the peso and the ensuing economic turmoil in …