ABSTRACT
The purpose of this article is to assess the performance of Latin American economies in the 1990s, until the Mexico crisis of December 1994. The assessment focuses on the problem of the sustainability of the macroeconomic trends observed in the present decade and some long-term characteristics implicit in performance growth. Two main conclusions of the article are that, after the crisis in Mexico - a country that until then had had a positive influence on attracting capital -, analyzes of the region’s economies came to understand that the ongoing modernization process was not immune to crises , and that, given the revision in the country risk indicators, future capital inflows will not be similar, in quantity and type, to those of the early 90s, putting investment decisions in the region in permanent change.
KEYWORDS:
Economic crisis; economic growth; capital flow