01768cas a2200241 a 4500 AALejournalIMF009301 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451825800 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Mexico : Financial Sector Assessment Program Update; Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (42 pages) IMF Staff Country Reports <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 presents a Detailed Assessment of Mexico's compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision. Fiscal consolidation reduced the gross public debt-to-GDP ratio to below 50 percent, providing the foundations for a monetary policy able to bring inflation down to less than 4 percent, in the context of a floating exchange rate. These improvements have contributed to Mexico's achievement of investment-grade rating, uninterrupted access to capital at low cost, and resilience to shocks, such as the Russian crisis. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/172 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/172/002.2007.issue-172-en.xml IMF e-Library