manufacturing affiliates of U.S. multinationals in Argentina, Brazil, and Mexico. The results of these tests show that the …

This paper proposes a simple investment model that permits a test of the relative importance of Mexico's terms of trade … decline, the reversal in net capital inflows, and the debt overhang, in explaining Mexico's investment decline in the early … rise in the relative price of investment goods and further that the deterioration in Mexico's international terms of trade …

, we estimate a monetary policy reaction function for Mexico. Based on this estimate, we argue that interest rates rose …, Mexico's experience suggests that policymakers relying on the exchange rate as a nominal anchor probably should be prepared …

Remarks for the Jose Cuervo Tequila Talk, Institute of the Americas, La Jolla, California, April 5, 2006 ; "For Mexico … are key aspects of Mexico's comparative advantage vis-a-vis nations in Asia and Eastern Europe. A loss of competitiveness … in Mexico is a loss for the entire border economy, where so much of our growth is linked to expansion on the more …