1990-1993: Massive Capital Inflows Boost Mexican Economy

Around $91 billion flows into the Mexican economy from foreign investors, allowing for a certain degree of economic growth. This growth slows down in 1992, however, as trade and current account deficits increase sharply. The deficits suggest a large deterioration in the country’s economic base during the 1980s. [Hart-Landsberg, 12/2002]