Meaning tequila effect
What does tequila effect mean? Here you find 2 meanings of the word tequila effect. You can also add a definition of tequila effect yourself
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tequila effectDefinition Also known as "Mexican Shock", this informal term refers to the effects on South American markets arising from the Mexican economic crisis of 1994. This crisis was caused by an un [..]
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tequila effectA contagion whereby the Mexican peso crisis of 1994 quickly spread to other Latin American currency and equity markets. A contagion is a form of financial panic in which the devaluation of exch [..]
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