01705cas a2200241 a 4500 AALejournalIMF010130 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451923568 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Trade Liberalization, Stabilization, and Growth : Some Noteson the Mexican Experience. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (46 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 While inflation slowed sharply in Mexico during 1988, imports surged. Although the growth of domestic absorption could be attributed to a higher fiscal deficit, deriving from sharply higher domestic interest rates, this paper argues that the recovery of private investment was the main driving force, as the private sector saved most of its interest income on public debt. The paper also analyzes some of the costs and benefits associated with trade liberalization. While there is no evidence yet that trade liberalization contributed decisively to price stabilization, it may have played an important role in stimulating exports and investment. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/015 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/015/001.1990.issue-015-en.xml IMF e-Library