株式会社極東書店トップ ＞ 商品一覧 ＞ Non-Traditional Aspects of the Mexican Financial Crisis of 1994/95 : Structural Weaknesses in the Real Sector and the Role of Domestic Investors, OTC Derivatives & Synthetic Capital Flows.
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Non-Traditional Aspects of the Mexican Financial Crisis of 1994/95 : Structural Weaknesses in the Real Sector and the Role of Domestic Investors, OTC Derivatives & Synthetic Capital Flows. 1994～5年のメキシコ金融危機の非伝統的側面
・ISBN 978-3-631-61942-1 paper
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| 著者・編者 | Orozco de Plesnar, Roxana Xonalí, |
|---|---|
| シリーズ | European University Studies: Series 5, Economics and Management |
| 出版社 | (P. Lang, SZ) |
| 出版年月 | 2012 |
| ページ数 | 235 pp. |
| 言語 | ENG |
| ニュース番号 | ＜593-485＞ |
解説
The Mexican Crisis of 1994/5 was the first financial crisis that spilled over into the real sector. This thesis explores three unconventional research strands. The first is the assessment of the Mexican trade structure to evaluate possible impulses from the real to the monetary sector, which can be discarded. However, a structural weakness, an export structure based largely on pre-imported inputs (and oil) contributes significantly to current account deficits. The second is the triggering role of domestic investors, and not foreign capitals, in the financial stampede that elicited the crisis. The last strand highlights the role of OTC financial derivatives and the thereof resulting <>, which reached in Mexico 4.9% of GDP in 1994. These transactions were crucial to underpin currency appreciation, to the development of a credit boom and external imbalances and finally determined the emergence of the crisis.