The credibility earned by prudent policymaking over the past decade should help Mexico weather the current financial …

This paper explores the extent to which the Mexican government's inability to roll over its debt during December 1994 … depends on the average length of maturity of government debt. Our analysis suggests that for a country, like Mexico, with a … very short maturity structure of debt, the crisis zone is large and includes levels of debt as low as that in Mexico before …

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 …

This paper proposes a simple investment model that permits a test of the relative importance of Mexico's terms of trade … decline, the reversal in net capital inflows, and the debt overhang, in explaining Mexico's investment decline in the early … rise in the relative price of investment goods and further that the deterioration in Mexico's international terms of trade …