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Mexican Tequila Crisis Analysis

103 Words1 Pages
The Mexican Tequila Crisis was triggered by a combination of poorly carried out reforms, a currency peg, current account deficits, policy rate hikes in the US and social unrest, which finally led to both a currency and banking crisis. Having considered these problems, it is possible to conclude that the advantages of working with a Business Analyst could have significantly reduced loses and maybe even prevented the crisis in the long run. Their insights and analysis could have supported the government in making decisions more effectively and considering more perspectives to prevent major problems and reduce impacts around big changes or strategy

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