From the Debt Crisis toward Economic Stability : An Analysis of the Consistency of Macroeconomic Policies in Mexico /

This paper uses a simple framework based on the government budget constraint to analyze the consistency of macroeconomic policies undertaken in Mexico during the period 1978 to mid-1991. It was found that the interaction between the actual implementation of economic policies and economic agents'...

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প্রধান লেখক: Rojas-Suarez, Liliana
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1992.
মালা:IMF Working Papers; Working Paper ; No. 1992/017
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:This paper uses a simple framework based on the government budget constraint to analyze the consistency of macroeconomic policies undertaken in Mexico during the period 1978 to mid-1991. It was found that the interaction between the actual implementation of economic policies and economic agents' perceptions about the sustain-ability of those policies can account, to a large extent, for the behavior of key macroeconomic variables during the period under study. The paper also highlights the costs of adjustment involved in the most recent Mexican stabilization program arising from concerns about the sustainability of the announced policies.
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দৈহিক বর্ননা:1 online resource (44 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:1018-5941
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