Deja Vu of Policy Failure: The New $14 Billion Mexican Debt Bailout
Publication Date: June 1987
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Melanie S. Tammen
Research Area: Economics
Keywords: Trade and foreign aid
Type: Report
Coverage: Mexico
Abstract:
Mexico has the resources to honor its debts. The U.S. should expect its southern neighbor to behave as an economically responsible member of the community of states. As President Reagan said in 1983, "If policies are irresponsible, all the aid in the world wll be no more than money down the drain."
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