Jim Whitney Economics 311
 
Devaluation Case Studies
1976 and 1982 Mexican Devaluations
 
Year Balance of 
Payments 
($ billion)
1976 -0.9
Devaluation: 9/76
1977 +0.6
1978 +0.4
1979 +0.3
1980 +1.0
1981 +1.1
1982 -4.8
Devaluation: 11/82
1983 +3.2
 
1967 British Devaluation
 
Year Balance of 
Payments 
($ billion)
1967 -0.9
Devaluation: 11/67
1968 -3.0
1969 +1.0
1970 +3.0
1971 +6.5