At the end of March, Mexican banks Bancomer SA and Banca Serfin SA formally entered guilty pleas in Operation Casablanca, the largest money laundering case in US history. In separate […]
Category: Mexico
Pago, Si Tengo!
All indications are that Mexico will meet its foreign and domestic debt obligations in 1999.
The Limits of Austerity
Lawmakers approved Mexico’s 1999 budget by the skin of their teeth; but with renewed capital flows far from certain, how long can the economy bear up under increased austerity?
Hurdling Mexican Bank Barriers
The proposed easing of restrictions on foreign ownership in Mexico’s banking sector reported by LatinFinance in May (Right Place, Right Time, Issue 97) appeared to be tailor-made for Banca Serfin […]
Informal Benefits
In keeping with its reputation as a land of innumerable paradoxes, Mexico usually produces a silver lining to every kind of cloud-even when those clouds are laden with cement. In […]
No Place Like Home (building)
It may sound like Dorothy’s refrain from the “Wizard of Oz,” but when it comes to Mexico’s construction industry right now, there is clearly “no place like home.” That is […]
In their own words. (Jaime Serra Puche)
Jaime Serra Puche, Serra&Associates InternationalAs Mexican secretary of commerce from 1988 to 1994, Jaime Serra Puche was the Salinas administration’s point man for the negotiations on the North American Free […]
Review of 1997
Review of 1997Economic reforms in Argentina over the past few years have led to fast economic growth-a process that was interrupted in 1995 by a crisis in confidence fueled by […]
