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Mexico's financial stability since 1994 came at a growth cost

Original: Mexico has achieved remarkable financial stability and insulation from external debt crises since 1994, but that success

Commentary argues Mexico has achieved remarkable financial stability and insulation from external debt crises since the 1994 peso crisis, but that this success may have come at the cost of decades of weak economic growth and stagnating prosperity. The piece prompts debate over whether prudence in economic policy has traded crisis-resistance for lost opportunities to raise living standards.

Why now: Fresh commentary is re-examining the long-term trade-offs of Mexico's post-1994 economic policy model.

Mexico

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• Mexico has achieved remarkable financial stability and insulation from external debt crises since 1994, but that success may have come at the cost of decades of weak economic growth and stagnating prosperity. https://www. japantimes.co.jp/commentary/20… · thejapantimes · 2

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