The Latest IMF-Sponsored Stabilization Program
Does It Represent a Long-Term Solution for Mexico's Economy
Datos Bibliográficos
| ID | 4547804 |
|---|---|
| Autores | Miguel D Ramírez (Trinity College, autor de correspondencia) |
| Año | 1996 |
| Volumen | 38 |
| Número | 4 |
| Páginas | 129-156 |
| Fecha de publicación | 1996-01-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Journal of Interamerican Studies and World Affairs (JOURNAL) |
| Identificadores de la revista | ISSN: 0022-1937 • E-ISSN: 2162-2736 |
| Editorial | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/166261 |
| OpenAlex | W4232105069 |
| Idioma | EN |
| Citas recibidas | 2 |
| Referencias citadas | 10 |
On 20 December 1994, the newly inaugurated government of President Ernesto Zedillo shattered Mexico's façade of modernity by finding itself, first, forced to devalue the currency by 14% (in real terms), and then, only a few days later and under intense pressure from speculators (sacadolares), to allow the peso to float freely against the dollar. By the end of December, the value of the pesovis-à-visthe dollar had dropped by more than 30%, and the country had lost between $7 and $8 billion in foreign exchange reserves
Currency · Economics · Economy · Float (project management) · Government (linguistics) · Liberian dollar · Management · Monetary economics · Physics · Speculation · Term (time) · Us dollar · Value (mathematics) · Economic Theory and Policy · Finance · Fiscal Policy and Economic Growth · Monetary Policy and Economic Impact
| Obras citantes distintas | 2 |
|---|---|
| Citas por año | 0,07 |
| Intervalo de citas | 1999 - 2001 (3) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 2 |