This book contains papers presented at the Yale/Mexico Conference held in New Haven on April 4–6, 1989. The viewpoints of the contributing authors in the papers could be utilized to facilitate in a timely manner the Mexican process of development strategy formulation.
Part I: Perspectives and Guidelines 1. Enrique Caraenas Contemporary Economic Problems in Historical Perspective 2. Angus Maddison Comparative View of Mexico's Adjustment and Growth Problems 3. Leopoldo Solis Social Impact of the Economic Crisis 4. Raymond Vernon Mexico's External Environment: Prospects for the 1990s 5. Pedro Noyola and Jaime Serra Rebalancing Government Direction and Market Guidance 6. Victor Urquidi Broader Perspectives on Development Problems Part II: Mexican–U.S. Relations 7. Hugo Margain Mexico the United States and the World Economy 8. Anthony Solomon Suggestions for Establishing a Special Bilateral Relationship 9. Cathryn Thorup in the Eye of the Storm: The State of U.S.–Mexican Relations Part III: Debt Trade And Growth 10. Pedro Aspe Mexico: Foreign Debt and Economic Growth 11. Rudiger Dornbusch 12. Angel Gurria Comments 13. Jaime Zabludovsky Trade Liberalization and Macroeconomic Adjustment 14. Sweder van Wijnbergen Growth External Debt and the Real Exchange Rate 15. Everardo Elizondo. Private sector Net Exports and the Real Exchange Rate Part IV: Financial Sector Reform 16. Dwight Brothers Financial Sector Planning and Mexico's New Development Strategy 17. Aristobulo de Juan Prudential Regulation and Financial Stabilization 18. Sergio Ghigliazza Role of the Central Bank in Financial Modernization 19. Adalberto Garcia Rocha Distributive Effects of Financial Policies in Mexico