1945

The internationalization of the effects of the financial crisis that broke out in Mexico at the close of 1994 prompted differing responses by economic policy-makers in the various countries of the region. Specifically, the net volume of external financial inflows and the varying degrees of uncertainty prevailing in the different countries’ markets as a consequence of external or domestic factors played an important role in determining which types of policy approaches were adopted.

Related Subject(s): Economic and Social Development
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