Of Free Trade and Debt Bondage

@article{Williams2001OfFT,
  title={Of Free Trade and Debt Bondage},
  author={Heather Williams},
  journal={Latin American Perspectives},
  year={2001},
  volume={28},
  pages={30 - 51}
}
  • Heather Williams
  • Published 2001
  • Economics
  • Latin American Perspectives
  • Years from now, economic historians studying the 1990s will likely pinpoint Mexico as the birthplace of a new and devastating sort of financial crisis. In a sequence of events that scholars of Thailand, Malaysia, South Korea, and Indonesia will now find familiar, Mexican leaders' announcement in December 1994 of a "controlled" currency devaluation created a financial panic of devastating proportions. Set off by market jitters over a presidential succession and a negative balance of payments… CONTINUE READING
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