This background paper addresses the question, “How has financial globalization directly and indirectly changed the context for influencing the environmental character of Mexico’s development?”
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The purpose of this paper is to answer the question: How has financial globalization (including recent changes in the magnitude and composition of financial flows to Mexico, as well as resulting changes in the roles and importance of various public and private sector institutions) directly and indirectly changed the context for influencing the environmental character of Mexico’s development?
Specifically, the author was asked: