Treasury and the Mexican Shock

Treasury and the Mexican Shock PDF Author: Kirsten Lundberg
Publisher:
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 38

Get Book Here

Book Description

Treasury and the Mexican Shock

Treasury and the Mexican Shock PDF Author: Kirsten Lundberg
Publisher:
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 38

Get Book Here

Book Description


Mexico's Financial Crisis

Mexico's Financial Crisis PDF Author:
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 178

Get Book Here

Book Description


Mexican Banking and Investment in Transition

Mexican Banking and Investment in Transition PDF Author: John A. Adams
Publisher: Bloomsbury Publishing USA
ISBN: 0313008256
Category : Business & Economics
Languages : en
Pages : 266

Get Book Here

Book Description
Banking and investment in Mexico have changed radically over the past decade, and the economic events that prompted these changes will have a significant impact on Mexico's role in regional and world financial markets. Adams traces the evolution of Mexico's banking and investment activities, reviews current conditions and their implications for future investment opportunities in Mexico, and makes clear that what happens to Mexico's economy and political stability will have major implications for what happens elsewhere in the world. One of the first books to look at banking and investment in Mexico after the peso crash of 1994-1995, with a highly detailed bibliography and notes, Adams's study will be important reading for international business, finance, and investment professionals and for their colleagues with similar interests throughout the academic community. The fate of both Mexico and the United States is that the two countries are forever tied by geography. The historical evolution of the dual interaction between the peoples of these two nations is and will be significant for the future of both countries. With this in mind, the book is divided into chapters reviewing such themes as the interaction and historical financial events that transpired during the advent of the North American Free Trade Agreement (NAFTA) and the expansion of cross-border financial and investment services, as well as a framework and background review of the events leading up to and resulting from the devaluations of the 1970s and 1980s, and more recently the evolution of the peso crisis of 1994-1995. The imperceptible yet gradual economic integration of the two economies has required time in developing, while not always being seamless in its implementation and transition. American macroeconomic policy has long had a direct impact on the economy of Mexico, as is evidenced by the impact of U.S. interest rates on the financial underpinnings of the Mexican treasury and the banking system to assist with the overall economic growth of the nation. An appreciation for the historically sensitive issues and perspectives, be they nationalization of the oil industry, immigration, or market access for foreign financial services, is paramount to a fuller understanding of doing business on both sides of the border.

Mexico

Mexico PDF Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1498359116
Category : Business & Economics
Languages : en
Pages : 66

Get Book Here

Book Description
This Selected Issues paper analyzes the impact of Mexico’s energy reform on hydrocarbons production. These reforms aim to increase oil and gas production by eliminating the state oil company’s (PEMEX) monopoly on exploration and production of hydrocarbons, while retaining the prime directive that these resources are the property of the Mexican nation. This paper focuses on the nature of reforms and what problems these reforms are addressing. It presents illustrative production scenarios for crude oil and natural gas and estimates the commensurate investment costs and foreign direct investment associated with each scenario. The paper also examines the markets for the distribution of natural gas and electricity.

Spillovers from U.S. Monetary Policy Normalization on Brazil and Mexico’s Sovereign Bond Yields

Spillovers from U.S. Monetary Policy Normalization on Brazil and Mexico’s Sovereign Bond Yields PDF Author: Carlos Góes
Publisher: International Monetary Fund
ISBN: 1475586078
Category : Business & Economics
Languages : en
Pages : 39

Get Book Here

Book Description
This paper examines the transmission of changes in the U.S. monetary policy to localcurrency sovereign bond yields of Brazil and Mexico. Using vector error-correction models, we find that the U.S. 10-year bond yield was a key driver of long-term yields in these countries, and that Brazilian yields were more sensitive to U.S. shocks than Mexican yields during 2010–13. Remarkably, the propagation of shocks from U.S. long-term yields was amplified by changes in the policy rate in Brazil, but not in Mexico. Our counterfactual analysis suggests that yields in both countries temporarily overshot the values predicted by the model in the aftermath of the Fed’s “tapering” announcement in May 2013. This study suggests that emerging markets will need to contend with potential spillovers from shifts in monetary policy expectations in the U.S., which often lead to higher government bond interest rates and bouts of volatility.

Debt Shock

Debt Shock PDF Author: Darrell Delamaide
Publisher: Doubleday Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

Get Book Here

Book Description


Mexico

Mexico PDF Author: Nora Claudia Lustig
Publisher: Brookings Institution Press
ISBN: 9780815721246
Category : Business & Economics
Languages : en
Pages : 324

Get Book Here

Book Description
Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and out growth has increased. Mexico's recovery, however, has been neither smooth nor rapid. In mid-1982, Mexico was in deep economic crisis compounded by an unfavorable international environment. Mexico was saddled with a large foreign debt, world interest rates were high, commercial banks had stopped lending, and the price for oil was dropping. Conditions at home were no better with rampant inflation, increasing capital flight, and chaos in financial and foreign exchange markets. To confront internal imbalances and accommodate adverse external conditions, Mexico adjusted its consumption and output, then sought new ways to foster growth. The crisis and adjustment imposed great hardship and demanded enormous discipline on the part of the government. This was accomplished without serious political or social disruption. In this book, Nora Lustig analyzes Mexico's economic evolution from the outset of the debt crisis in 1982 until the sweeping reforms began to bear fruit in the early 1990s. She explains the causes of the 1982 economic crisis and why it took Mexico "so long" to restore stability and growth. She also explores the question of the social costs of economic crisis and adjustment, and why the process may have been easier for Mexico than other debt-ridden countries. A discussion of the emerging role of the state in Mexico and the country's new outward-oriented development strategy is followed by an analysis of its search for greater economic integration with the United States and Canada. Selected by Choice as an Outstanding Book of 1992

Mexico and the Sexenio Curse

Mexico and the Sexenio Curse PDF Author: Jonathan Heath
Publisher: CSIS
ISBN: 9780892063574
Category : Business & Economics
Languages : en
Pages : 148

Get Book Here

Book Description


... History of Mexico ...

... History of Mexico ... PDF Author: Hubert Howe Bancroft
Publisher:
ISBN:
Category : Mexico
Languages : en
Pages : 840

Get Book Here

Book Description


East Asia and Latin America

East Asia and Latin America PDF Author: Peter H. Smith
Publisher: Rowman & Littlefield
ISBN: 9780742523760
Category : Business & Economics
Languages : en
Pages : 420

Get Book Here

Book Description
Focuses on two broad themes: economic and political connections between East Asia and Latin America, and similarities and differences in developmental paths and public policies.