Mexico 1994 is as much about one country's experience as about our changing world. The book offers in-depth analysis of long-term political and economic processes that set the stage for the crisis, and of specific actions in Mexico and abroad that prompted the crash and shaped its outcome. It also casts much-needed light on important new interrelationships between domestic and global phenomena. The authors are uniquely positioned to provide valuable insights on both the Mexican crisis and the metamorphosis in the nature of financial debacles. Some of the contributors had first-hand experience with the Mexican crash - and with the unfolding East Asian crisis - as government officials, international money managers, or senior officials at the World Bank, the International Monetary Fund, and the Inter-American Development Bank; others are leading economists, political scientists, and influential financial commentators.