A Study of the Less-Developed-Countries Debt Crisis in Mexico and Subsequent Economic Policies

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Abstract:

On 11 August, 1982, the Finance Minister of Mexico, Silvia Herzog, informed the International Monetary Fund that Mexico was unable to meet its principle payments to its major creditors. The economic crisis that ensued affected not just Mexico but the entire free market system. It marked a fundamental shift in development economics and altered the economic systems in all but four Latin American countries. Since the onset of the 1983 Less-Developed-Countries LDC debt crisis, Mexico has suffered through numerous economic crises, further restraining its potential for economic growth. This thesis examines the historical background leading to the onset of the 1983 LDC debt crisis and the economic policies that the Mexican government and the international community enacted to recover economically.

Author(s):
Moffett, Samuel A.
Author Organization(s):
NAVAL POSTGRADUATE SCHOOL MONTEREY CA DEPT OF NATIONAL SECURITY AFFAIRS
Descriptive Note:
Master's thesis
Pagination:
0144

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
NPS-NS
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_5.3_Planning; JCA_5.3.1_Analyze Problem; JCA_5.3.2_Apply Situational Understanding; JCA_1_Force Support; JCA_6.4.1_Secure Information Exchange; JCA_5.6.1_Assess Compliance with Guidance; JCA_5.6_Monitor; JCA_6_Net Centric; JCA_1.2_Force Preparation; JCA_8_Building Partnerships; JCA_8.2_Shape; JCA_1.2.7_Experimentation; JCA_1.2.3_Educating; JCA_6.4_Information Assurance; JCA_5.4_Decide; JCA_8.2.1_Partner with Governments and Institutions; JCA_1.3_Human Capital Management; JCA_1.4_Force Support; JCA_1.2.5_Lessons Learned; JCA_1.4.1_Force Health Protection
Communities of Interest:
Biomedical
Descriptor(s):
*BANKING, *CRISIS MANAGEMENT, *DEVELOPING NATIONS, *ECONOMIC IMPACT, *GOVERNMENT(FOREIGN), *HISTORY, *MEXICO, *POLICIES, ECONOMIC DEVELOPMENT, INFLATION(ECONOMICS), INTERNATIONAL TRADE, LATIN AMERICA, PAYMENT, TAXES, THESES
Field(s)/Group(s):
Economics and Cost Analysis, Government and Political Science, Humanities and History
Keyword(s):
*DEBT CRISIS 1983, *PESO CRISIS 1994, *ECONOMIC REFORMS, *BANKING REFORMS, ECONOMIC CRISES, STRUCTURAL REFORMS, TRADE LIBERALIZATION, TARIFFS, TRADE AGREEMENTS, MEXICAN MONOPOLIES, MONOPOLY POWER, ECONOMIC SOLIDARITY PACT, INFLATION CONTROL, TAX SYSTEM CHANGES, BANKING CRISIS, INTERNATIONAL MONETARY FUND, WORLD BANK, ISI(IMPORT SUBSTITUTION INDUSTRIALIZATION)
Report Date:
2012 Sep 01
Creation Date:
2012 Dec 26