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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2905 |
Essay's paper body
A series of unexpected events, and poor foresight led to the eventual collapse of the system. Politics, it seems, was the driving force for many of the policies being implemented. Mexico was adopting a firm stance on its exchange rate to increase investor confidence and to tackle inflation, but more importantly, to look reasonably stable in order to be able to join the Organization for Economic Co-operation (OECD)[1] which fell smoothly in line with President Salinas' neo-liberal strategy...
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A series of unexpected events, and poor foresight led to the eventual collapse of the system. Politics, it seems, was the driving force for many of the policies being implemented. Mexico was adopting a firm stance on its exchange rate to increase investor confidence and to tackle inflation, but more importantly, to look reasonably stable in order to be able to join the Organization for Economic Co-operation (OECD)[1] which fell smoothly in line with President Salinas' neo-liberal strategy...
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General points of the essay
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