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The Tequila Crisis--1994-95 (Spanish version)

Reference: HBS-707S29
Year: 1994
Number of pages: 24
Geographic Setting: Mexico
Publication Date: Jun 12, 2002
Fecha de edición: Oct 7, 2002
Source: HBSP (USA)
Type of Document: Case
Industry Setting: Pharmaceuticals

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Description

Describes the evolution of the Mexican economy and its relation to the international capital markets in the period leading up to the Peso crisis of December 1994. Emphasizes the role of "Washington consensus" policies in stimulating the inflows and the inability of the Mexican banking system to intermediate them efficiently.

Keywords

Capital markets Financial markets Macroeconomics