NEW YORK (Standard&Poor's CreditWire) Nov. 28, 2000--The United Mexican States (BBB+/Positive/A-2, BB+/Positive/B) have come a long way since the 1994 Tequila crisis and debt default of the 1980s. A commentary article on political and economic developments, "Taking Stock: Mexico on the Eve of Transition," featured in the Nov. 29, 2000, edition of Standard&Poor's CreditWeek and available on RatingsDirect, Standard&Poor's Web-based credit analysis system, finds that Mexico's was perhaps the Latin American economy affected least by the serious financial shocks to emerging markets of the last decade. "On the political front, July's free and fair elections gave Vicente Fox of Partido Accion Nacional (PAN) a clear victory and are an important step forward in the
