KnowraMexican peso crisisLinked fromLinked fromThe 4 pages that link to Mexican peso crisis, each with the reason it gives.All 4Broader topic 2Related 1Compared with 1Currency crisisBroader topic: The episode illustrates how short-term foreign-currency liabilities can magnify a devaluation shock.Carlos Salinas de GortariRelated: The crisis followed his presidency and exposed vulnerabilities associated with the economic model his government advanced.Mexican miracleBroader topic: The devaluation signaled mounting pressure on the stability that had characterized much of the period.1998 Russian financial crisisCompared with: It is a prominent earlier emerging-market crisis, but Mexico avoided Russia’s domestic sovereign default.