Still, what may be most interesting is the mild reaction to the Mexican crisis and to problems in many other emerging markets.
The Mexican economic crisis, not Nafta, created the trade deficit.
During the Mexican crisis, world financial institutions were criticized for not moving fast enough.
The group also failed to foresee the Mexican crisis, and once it broke out, could not agree what to do.
After 1994's great Mexican crisis, the magazine tried its best to keep price and quality at the same level but could not manage to do it.
If the Mexican crisis teaches anything it is that economic growth and economic development are not the same thing.
Since the Mexican crisis, there has been a 'moral hazard' problem.
Even after the Mexican crisis, until 1998 the annual growth rate was 6%.
Then the Mexican financial crisis threatened to become a flash point.
Before the current Mexican crisis, there were in fact some warnings sounded.