Abstract

The article speaks of insolvencies has Mexico from 1992 to 1994 and which are the causes and possible consequences that can have Mexico as yet does haven’t the necessary resources to deal with the foreign exchange currency conversion foreign nor to finance the current account deficit next year. This leads him to borrow 18 billion dollars in order to support the stabilization of financial markets. Added to those 14 billion dollars to finance asking account deficit, having a total debt of 32 billion dollars, an unprecedented operation in Mexico. To complement the reduction of the current account will seek a drastic reduction in imports of consumer and intermediate goods which are not indispensable, and capital goods that can be delayed. Will seek to stabilize the convenient change, preventing further collapses weight using a system of different exchange rates and limited control of capital flows measures

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