01749cas a2200241 a 4500 AALejournalIMF002808 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451954494 1018-5941 BD-DhAAL BD-DhAAL El-Erian, Mohamed. Mexico's External Debt and the Return to Voluntary Capital Market Financing / Mohamed El-Erian. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (60 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper analyzes the evolution of Mexico's approach to commercial bank debt restructuring since the outbreak of the 1982 debt servicing problems. It discusses the key elements of the approach, their implementation, and their interaction with developments in the 'international debt strategy.' It focusses, in particular, on factors contributing to the emergence of comprehensive market-based debt and debt service reduction operations. Together with the sustained implementation of appropriate economic policies, these operations have contributed to Mexico's return to voluntary international capital market financing. The paper discusses the major aspects of this market re-entry process. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/083 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/083/001.1991.issue-083-en.xml IMF e-Library