01753cas a2200241 a 4500 AALejournalIMF001591 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843453 1018-5941 BD-DhAAL BD-DhAAL Rojas-Suarez, Liliana. From the Debt Crisis toward Economic Stability : An Analysis of the Consistency of Macroeconomic Policies in Mexico / Liliana Rojas-Suarez. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1992/017 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/017/001.1992.issue-017-en.xml IMF e-Library