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?Thoughtful and analytically sound. Students of the Mexican economy, development economists, and others interested in the development of oil-rich nations will find this book to be useful.?-Choice
This volume argues that the Mexican crisis of August 1982, in which the country was left facing the prospect of national default and zero economic growth, was not only the result of some fundamental flaws in the country's economy, but is more accurately characterized as a cash flow problem—in the author's words, "a case of illiquidity rather than insolvency." Based on a thorough analysis of the Mexican economy, the book assesses the effectiveness of the various economic programs of the de la Madrid presidency in dealing with the nation's problems.
The main thrust of this book is to address a number of manpower issues vital to the development of the Persian Gulf region. By taking a long-run perspective, the study creates a framework for the development of future manpower policies in the key countries: Saudi Arabia, Qatar, Kuwait, Bahrain, the United Arab Emirates, Oman, Iran, and Iraq.
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