Die im Rahmen des Programms zur Konversion der Auslandsschulden in großem Maßstab geleisteten staatlichen Transferzahlungen an die Privatwirtschaft waren überflüssig. Nur wenige Unternehmen wären wegen der durch die Abwertung entstandenen Devisenverluste in Konkurs gegangen....

This research explores the differential impact of unanticipated and anticipated foreign capital flows on Mexico's economy for the period 1965-1985. The results show that the Mexican government has dominated the expenditure of foreign loans throughout the period. (DSE)

The author does not support the view that there has been an alarming downward trend in agricultural wages since the 1960s or that the contribution of technological change to labour demand has been strong. (ODA)