Case Study Mexican Peso Crisis, 1994

By Michelle Graham,2014-10-07 01:33
9 views 0
Case Study: Mexican Peso Crisis, 1994 From 1954 to 1976, Mexico had maintained a fixed exchange rate of Ps12.50/$. Even after the collapse of the Bretton Woods fixed exchange rate system in 1971/73, Mexico was able to hold this fixed rate. Although the Mexican economy experienced rapid growth during most of the 1970s, it was progressively undermined by fiscal mismanage..

Report this document

For any questions or suggestions please email