This study identifies the main factors that explain the recovery of the Mexican economy after the currency crisis of 1995. A growth decomposition exercise shows that export growth mitigated somewhat the effect of the crisis in 1995, but contributed only modestly to the recovery afterwards. Evidence for Indonesia, Korea, and Thailand also show that fixed investment explained a substantial portion of the reduction in economic growth during their recent...
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INFORMATION
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2000/04/11
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Document de travail
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28951
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1
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1
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2010/07/01
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Mexico: five years after the crisis
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