FOREIGN TRADE AND ECONOMIC DEVELOPMENT OF MEXICO AFTER DEBT CRISIS

Abstract

Few countries have such a turbulent economic history in recent decades as it is Mexico. During the eighties of the 20th century the country was the world's largest debtor and in 1982 declared a moratorium on repayment of foreign debt, the nineties was hit by a currency crisis and since 2008 the country is under the impact of the global economic crisis. However in this very tumultuous period of ups and downs Mexico has achieved remarkable results in terms of economic development and became the eleventh world economy. After a brief review of the position of Mexico in the world economy, the content of the work is mainly related to economic growth over the past three decades, then the effects of the financial crises in Mexico, as well as research intensity, volume and structure of foreign trade in Mexico.

Keywords

• Keyword:foreigndebt
• export-orientedeconomy
• economicgrowth
• financialcrisis
• foreigntrade