Hoping to avoid an economic slowdown during 1994, Mexico tried to maintain its quasi-pegged exchange rate while … devaluation of the peso inevitable, considering particularly Mexico's policy actions during 1994-as well as options Mexico did not … will enable Mexico to recover much more quickly from this crisis than it did after its 1982 crash. …

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 …

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

suggests that causality, in some sense, flows from the Mexico City investor community to the Wall Street investor community. …