BUSINESSWEEK ONLINE : DECEMBER 20, 1999 ISSUE
INTERNATIONAL -- LATIN AMERICAN COVER STORY

What Could Still Shake Mexico's Financial Stability


EXTERNAL SHOCK
A stock-market correction or a slowdown in the U.S. economy could drag down Mexico's markets and economy, as could a financial crisis such as those in Asia, Brazil, or Russia in 1998-99.

ELECTION-YEAR MAYHEM
Political assassinations or violence in the run-up to the July, 2000, vote could spark capital flight.

INVESTOR JITTERS
A shock, coupled with a widespread belief that end-of-term devaluations are inevitable, could cause Mexican businesspeople to send capital abroad--making a crisis a kind of self-fulfilling prophecy.


DATA: BUSINESS WEEK


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