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This paper considers financial, operational, solvency, and performance ratios, in order to detect when there were balance sheets’ variations related to the 1994 Mexican currency crisis. Quarterly results for 88 non-financial Mexican companies that survived the crisis are used, and tests for...
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for lending to Mexico and other developing countries. During this period, Mexico's development and commercial banks got … understanding of the banking system's exposure to and dependence on foreign finance provides new insights into Mexico's debt …
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