States. Some commentators blamed the enactment of NAFTA for the devaluation of the peso and the ensuing economic turmoil in … relationship between NAFTA and the 1994 peso crisis and raises some provocative questions: did NAFTA cause or exacerbate the … devaluation of the peso? or did NAFTA help alleviate some of the consequences of the crisis? …

This article documents a delay in the public release of Mexican international reserve data in the months before Mexico …'s debt crisis at the end of 1994. The article establishes that in that year investors did not know the level of Mexican … reserves before October; yet this lack of information did not seem to reduce investor confidence in the Mexican economy. The …

occurred if monetary policy had been tightened. ; The author of this article asks whether Mexican policy mistakes made … devaluation of the peso inevitable, considering particularly Mexico's policy actions during 1994-as well as options Mexico did not … take. He also reviews market response to the devaluation and Mexican and U.S. government efforts to cope with its aftermath …

the vulnerability of the Mexican financial system to swings in expectations and investor confidence. ; In their view, the … Mexican financial crisis was an expectations-driven liquidity crisis that shares many similarities with the financial panics … that afflicted the U.S. economy during the late nineteenth century. The immediate cause of the Mexican crisis was political …

between the expected rate of Mexican peso depreciation and the ratio of Mexdollars to peso denominated demand deposits … (ii) the conventional positive relationship between expected peso depreciation and dollarization. The first result …