We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …

This paper claims that the roots of Mexico's balance-of-payments crisis are found in the prevailing high degree of … sustainability of currency pegs. Econometric analysis suggests that 1/2 of Mexico's reserve losses could be accounted for by these …

liberalisation involved in the North American Free Trade Agreement (NAFTA) on exports, imports and the balance of payments in Mexico … slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by … Mexico's political leaders at the time. …

This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of …

constraints on its international borrowing. We compare the predictions of this theoretical example with events in Mexico from 1987 …

liberalization involved in the North American Free Trade Agreement (NAFTA) on exports, imports, and the balance of trade in Mexico … a major explanation of the slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth … performance that was promised by Mexico's political leaders at the time. …

The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile … global economic environment. The FCL’s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF … staff reaffirms their commitment toward Mexico in taking the necessary actions to manage unforeseen risks. According to the …