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mexico fianancial crisis: 4. The IMF's conditionality required Mexico to implement strict fiscal and monetary policies, which some argue exacerbated the economic downturn in the

mexico fianancial crisis: 4. The IMF's conditionality required Mexico to implement strict fiscal and monetary policies, which some argue exacerbated the economic downturn in the short term. The IMF's austerity program, which required significant spending cuts, exacerbated the economic downturn and caused social hardship

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