"The book examines why able economic managers in Mexico, on the basis of contemporaneous information in their possession, made the decisions they did, and with such disastrous consequences. The major conclusion is that decision-making was heavily influenced by the cultural milieu in Mexico,...

Covid-19 has exacted a tragic human, social, and economic toll on Mexico. Over 85,000 lives were lost; unofficial estimates are notably higher. Of 12 million workers that lost their jobs, most of whom came from the informal sector with a limited safety net, over 4 million remain out of the...