The international economic interdependence and the globalization of the markets that prevail in the world today have caused the Mexican crisis of late 1994 to affect the different industrial and developing economies. This paper addresses the characteristics of the trends in the world economy and in Latin America in light of this phenomenon. First, a balance of the year 1994 is made, emphasizing the consequences of the "tequila effect" and the need to make a deep reflection on the strategies that have been adopted in the Latin American region. Finally, it refers to the changes in the economic outlook and prospects for Latin America for 1995.
Keywords:
World Economy, Mexican Crisis, Tequila Effect, Latin America, Interdependence and Globalization
Author Biography
Jorge Espinosa Carranza
Economista chileno; asesor de la presidencia del BID.
Espinosa Carranza, J. (1995). La economía mundial y de América Latina en 1994 : perspectivas e interrogantes para 1995. Estudios Internacionales, 28(112), p. 527–555. https://doi.org/10.5354/0719-3769.1995.15310
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