ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Financial Liberalisation in Semi-Industrialised Economies

Optimistic expectations about capital account liberalisation have not been borne out in reality in Mexico. There have been negative outcomes in a number of areas - overvaluation of the currency, worsening of the current account, decline in domestic savings and many others.

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