Mexico [electronic resource] : Selected Issues.
- Washington, D.C. : International Monetary Fund, 2004.
- IMF eLibrary
IMF Staff Country Reports; Country Report No. 04/250.
IMF Staff Country Reports; Country Report No. 04/250
- Government document
1 online resource (86 p.)
- Local subjects:
- Access to capital markets. (search)
Access to international capital. (search)
Access to international capital markets. (search)
Article IV consultations. (search)
Balance of payment. (search)
Balance of payment crisis. (search)
Balance of payments. (search)
Capital markets. (search)
Capital outflow. (search)
Central bank. (search)
Debt securities. (search)
Domestic currency. (search)
Domestic investors. (search)
External borrowing. (search)
External debt. (search)
External financing. (search)
International capital. (search)
International capital markets. (search)
Investor confidence. (search)
Loss of confidence. (search)
Put options. (search)
Reserve accumulation. (search)
Selected issues. (search)
Short-term debt. (search)
- This Selected Issues paper analyzes reserve adequacy in Mexico. Reserve adequacy has been of renewed interest, as the authorities have introduced a new rules-based mechanism of U.S. dollar sales to reduce the rate of reserve accumulation. The paper examines the recent experience with Mexico’s fiscal management tools in light of the need for further consolidation. It reviews evidence on the cyclical behavior of fiscal policy in Mexico, finding that it has generally been procyclical since the early 1990s. The paper also examines the determinants of inflation in Mexico since 1997.
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- International Monetary Fund
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