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What is Mexican Neoliberalism Crises Explained about?
This document discusses two economic crises in Mexico under neoliberalism - the 1994-95 crisis and the 2008-09 crisis. The 1994-95 crisis was a financial crisis triggered by a sudden stop in capital flows and peso devaluation. It required large IMF and US loans to bail out Mexican banks. The 2008-09 crisis was a productive crisis as exports and remittances fell, leading to a 6.5% drop in GDP. While Mexico
- Author
- Alejandro Valle Baeza
- Language
- EN