With high debt levels both in pesos and dollars, several large Mexican economic enterprises, were surprised by the December 1994 peso devaluation. Local banks had taken important positions in foreign currency, increasing their short-term debt mainly with foreign brokers. The abrupt peso...

Introducción / Eugenia Correa, Alicia Girón, Arturo Guillén, Antonina Ivanova -- Capital monopolista-financiero, financialización y ganancia financiera / Arturo Guillén -- La naturaleza bajo la influencia de las finanzas : el caso de los mercados de commodities / Claude Serfati -- Crédito,...

This article analyzes the main features of international financial markets growth from the second half of 1980. It is stated that the sharpening of financial deregulation has modified competence terms among intermediaries whereas national financial structures weaken and the States become...