Papers commissioned for the Yale/Mexico Conference (New Haven, April, 1989) are organized around four themes: the economic and socio-political context; contemporary macroeconomic issues; alternative development strategies, and; financial sector reform agenda.
The development of the Mexican financial system as it has related to the remarkable growth of the Mexican economy is examined in this book. Believing that a better understanding of the past will permit a more nearly accurate appraisal of contemporary problems and facilitate the choice of intelligent policies in the future, the authors present a detailed chronicle and analysis of components of the Mexican financial system, with primary emphasis on the period from 1940 to the mid-1960s. Separate chapters are devoted to the money and capital market, the formulation and execution of monetary and financial policies, and the nature of Mexican financial experience in both the public and private sectors of the economy. The authors offer a theoretical explanation of the record of Mexican experience, based upon their analysis of relationships between monetary policy, domestic stability, and external equilibrium, as well as upon their analysis of factors governing the growth of domestic indebtedness, the development of financial intermediation, and the operation of the loanable funds market. The final chapter of the book, a review of Mexican experience from 1960 to 1965, speculates with respect to the future course of Mexican financial development and offers specific proposal for future monetary and financial policies. This record of Mexican financial development contains much that should be of interest to others engaged in related theoretical and empirical studies, including many lessons for those countries confronted with circumstances and problems not too unlike those encountered in Mexico.
The final set of volumes (Vol 18-21 sold separately) of The Papers of Dwight David Eisenhower contain 1,783 documents drawn from Eisenhower's second term as president from 20 January 1957 to 20 January 1961. Completing a monumental project that began with publication of The War Years in 1970, this final set of volumes of The Papers of Dwight David Eisenhower contains 1,783 documents drawn from Eisenhower's second term as president from 20 January 1957 to 20 January 1961. In these years Eisenhower worked hard to hold the focus of American national politics on the two major objectives he had set for his presidency in 1952: to sustain the policy of containment without precipitating a war with the Soviet Union and to reduce the role of the federal government in U.S. domestic affairs. In both cases, events at home and abroad intruded—diverting attention to immediate problems, endangering the peace, and forcing the White House to devote most of its leadership to the crises of the day. As president during this tense period, Eisenhower maintained an extensive and revealing correspondence with prominent individuals as well as with personal friends. These letters, together with the occasional entries made in his diary, shed considerable light upon the major national concerns of the 1950s. The volumes also include private and secret correspondence previously unavailable to scholars. Some of these items have been only recently declassified, and many appear here in print for the first time. Taken as a whole, the Eisenhower papers from 1957-61 provide firm documentary evidence of the manner in which Eisenhower dealt with the complex internal and external problems faced by all of our modern political leaders.
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