Lustig, Nora - In: Journal of Economic Perspectives 15 (2001) 1, pp. 85-106
In the wake of the debt crisis in 1982, Mexico adopted far reaching reforms but growth and stability remained elusive for many years. At present, the reforms and NAFTA seem to be finally paying off: inflation for 2000 is close to 10 percent and output per capita grew at an average of 5.4 percent...