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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 740 |
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Part of this weakness originated in the political stature of government-appointed CEOs when banks were still government owned.
8. There was a substantial expansion of credit from the development banks.
9. From December 1990 on, foreigners were allowed to purchase ``domestic'' (short-term) government debt...
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Since domestic public debt decreased during this period, the purchases of Cetes by foreigners enhanced the purchasing power of their domestic sellers.
10. Short-term, dollar-indexed, peso-denominated Mexican government securities, Tesobonos, were issued at the end of 1991, although not in large amounts except during certain periods...
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General points of the essay
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