Download or read book Treasury and the Mexican Shock written by Kirsten Lundberg and published by . This book was released on 1998 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mexican Banking and Investment in Transition written by John A. Adams and published by Bloomsbury Publishing USA. This book was released on 1997-04-22 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico s Financial Crisis written by and published by . This book was released on 1996 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spillovers from U S Monetary Policy Normalization on Brazil and Mexico s Sovereign Bond Yields written by Carlos Góes and published by International Monetary Fund. This book was released on 2017-03-10 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-11-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Debt Shock written by Darrell Delamaide and published by Doubleday Books. This book was released on 1985 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mexico written by Nora Claudia Lustig and published by Brookings Institution Press. This book was released on 2000-12-13 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Mexico and the Sexenio Curse written by Jonathan Heath and published by CSIS. This book was released on 1999 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book East Asia and Latin America written by Peter H. Smith and published by Rowman & Littlefield. This book was released on 2003 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book United States Mexico Free Trade Agreement written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1991 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Economic Outlook April 2014 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2014-04-08 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global activity has broadly strengthened and is expected to improve further in 2014–15, according to the April 2014 WEO, with much of the impetus for growth coming from advanced economies. Although downside risks have diminished overall, lower-than-expected inflation poses risks for advanced economies, there is increased financial volatility in emerging market economies, and increases in the cost of capital will likely dampen investment and weigh on growth. Advanced economy policymakers need to avoid a premature withdrawal of monetary accommodation. Emerging market economy policymakers must adopt measures to changing fundamentals, facilitate external adjustment, further monetary policy tightening, and carry out structural reforms. The report includes a chapter that analyzes the causes of worldwide decreases in real interest rates since the 1980s and concludes that global rates can be expected to rise in the medium term, but only moderately. Another chapter examines factors behind the fluctuations in emerging market economies’ growth and concludes that strong growth in China played a key role in buffering the effects of the global financial crisis in these economies.
Download or read book Two Nations Indivisible written by Shannon K. O'Neil and published by Oxford University Press. This book was released on 2013-04-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five freshly decapitated human heads are thrown onto a crowded dance floor in western Mexico. A Mexican drug cartel dismembers the body of a rival and then stitches his face onto a soccer ball. These are the sorts of grisly tales that dominate the media, infiltrate movies and TV shows, and ultimately shape Americans' perception of Mexico as a dangerous and scary place, overrun by brutal drug lords. Without a doubt, the drug war is real. In the last six years, over 60,000 people have been murdered in narco-related crimes. But, there is far more to Mexico's story than this gruesome narrative would suggest. While thugs have been grabbing the headlines, Mexico has undergone an unprecedented and under-publicized political, economic, and social transformation. In her groundbreaking book, Two Nations Indivisible, Shannon K. O'Neil argues that the United States is making a grave mistake by focusing on the politics of antagonism toward Mexico. Rather, we should wake up to the revolution of prosperity now unfolding there. The news that isn't being reported is that, over the last decade, Mexico has become a real democracy, providing its citizens a greater voice and opportunities to succeed on their own side of the border. Armed with higher levels of education, upwardly-mobile men and women have been working their way out of poverty, building the largest, most stable middle class in Mexico's history. This is the Mexico Americans need to get to know. Now more than ever, the two countries are indivisible. It is past time for the U.S. to forge a new relationship with its southern neighbor. Because in no uncertain terms, our future depends on it.
Download or read book Exchange Rate Politics in Latin America written by Carol Wise and published by Rowman & Littlefield. This book was released on 2011-03-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the analysis of Latin American exchange rate problems and policies has concentrated on the economic side of things. This volume instead examines the politics of exchange rate management in four nations that had very different approaches and results. Although the Mexican peso crash, Brazil's currency crisis, Argentina's maintenance of a currency board, and Venezuelan policy responses to the shocks of 1997-98 have had major international financial ramifications, the origins and outcomes of these dramatic events have yet to be analyzed in a single volume. The contributors tie these policy episodes together using solid comparative analysis, in order to better inform the policy debate on these issues.
Download or read book History of Mexico 1824 1861 written by Hubert Howe Bancroft and published by . This book was released on 1885 with total page 844 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Global Financial Crisis written by Mark Taylor and published by Routledge. This book was released on 2014-01-02 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has sent shockwaves through the world’s economies, and its effects have been deep and wide-reaching. This book brings together a range of applied studies, covering a range of international and regional experience in the area of finance in the context of the global downturn. The volume includes an exploration of the impact of the crisis on capital markets, and how corporate stakeholders need to be more aware of the decision-making processes followed by corporate executives, as well as an analysis of the policy changes instituted by the Fed and their effects. Other issues covered include research into the approach of solvent banks to toxic assets, the determinants of US interest rate swap spreads during the crisis, a new approach for estimating Value-at-Risk, how distress and lack of active trading can result in systemic panic attacks, and the dynamic interactions between real house prices, consumption expenditure and output. Highlighting the global reach of the crisis, there is also coverage of recent changes in the cross-currency correlation structure, the costs attached to global banking financial integration, the interrelationships among global stock markets, inter-temporal interactions between stock return differential relative to the US and real exchange rate in the two most recent financial crises, and research into the recent slowdown in workers’ remittances. This book was published as a special issue of Applied Financial Economics.
Download or read book Risk Shocks and Human Development written by R. Fuentes-Nieva and published by Springer. This book was released on 2016-11-09 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sudden negative events are part of life, but some are more disastrous than others. This book analyzes the consequences of sudden negative shocks in the short and long term well being of people and how the policies implemented before, during and in the immediate aftermath of the event could help prevent these long lasting effects.
Download or read book Contemporary U S Latin American Relations written by Jorge I. Domínguez and published by Routledge. This book was released on 2016-03-02 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the research and experience of fifteen internationally recognized Latin America scholars, this insightful text presents an overview of inter-American relations during the first two decades of the twenty-first century. This unique collection identifies broad changes in the international system that have had significant effects in the Western Hemisphere, including issues of politics and economics, the securitization of U.S. foreign policy, balancing U.S. primacy, the wider impact of the world beyond the Americas, especially the rise of China, and the complexities of relationships between neighbors. The second edition of Contemporary U.S.-Latin American Relations focuses on U.S. neighbors near and far —Mexico, Cuba, Argentina, Brazil, Chile, Colombia, Peru, and Venezuela. Each chapter addresses a country’s relations with the United States, and each considers themes that are unique to that country’s bilateral relations as well as those themes that are more general to the relations of Latin America as a whole. The book also features new chapters on transnational criminal violence, the Latino diasporas in the United States, and U.S.-Latin American migration. This cohesive and accessible volume is required reading for Latin American politics students and scholars alike.
