Mexican Peso Crisis and Its Implications for the Global Financial Markets
Author
Charles Dallara
Date
1995-01-27
Views
6447
C.Dallara_the_Mexican_Peso_Crisis_and_its_Implications2
Mexican Peso Crisis and Its Implications for the Global Financial Market
- Speaker: Charles Dallara, Director, Institute of International Finance
- Date : January 27, 1995.
"One of the lessons for South Korea and other leading emerging markets is that they cannot take for granted that the world will continue to be enthralled and impressed by the economic and financial opportunities of emerging market countries such as Korea. Certainly, there are many strengths in your economy, but it is important that the government not become complacent. This is one of the lessons of Mexico: complacency costs dearly. Your situation is very different and yet there are some signs of concern in the macroeconomic scene which is not the same with Mexico..."
Mexican Peso Crisis and Its Implications for the Global Financial Market
- Speaker: Charles Dallara, Director, Institute of International Finance
- Date : January 27, 1995.
"One of the lessons for South Korea and other leading emerging markets is that they cannot take for granted that the world will continue to be enthralled and impressed by the economic and financial opportunities of emerging market countries such as Korea. Certainly, there are many strengths in your economy, but it is important that the government not become complacent. This is one of the lessons of Mexico: complacency costs dearly. Your situation is very different and yet there are some signs of concern in the macroeconomic scene which is not the same with Mexico..."
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