The Mexican Economy in the International Crisis

The current crisis has brought varying effects for different social classes, regions and sectors of economic activity. It is difficult to compare the current situation with previous crises, since it is neither a sudden, generalized circumstance of a macro-devaluation of the national currency. Political impacts will also be different, since this is the first major crisis in a context not characterized by single-party hegemonic control over executive and legislative public powers, nor is there a clear dominance of any one party at the state and municipal government levels.