What are the causes of the continuing devalua- tion of the peso since August 1976? Analyze both
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Question:
What are the causes of the continuing devalua- tion of the peso since August 1976? Analyze both the immediate causes (e.g., balance-of- payments deficits) and longer-term, more fun- damental causes (e.g., inflation, the political and economic environment). Concentrate espe- cially on the 1982 and 1994-1995 devalua- tions of the peso.
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