01747cas a2200241 a 4500 AALejournalIMF011478 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463927905 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Mexico : Review Under the Flexible Credit Line Arrangement: Staff Report; and Press Release on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (21 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 Mexico's policy stance has focused on balancing domestic and external conditions, supporting the recovery while rebuilding policy buffers through fiscal consolidation and reserve buildup. Growth has remained resilient during the first half of 2011 and is expected to continue into 2012, albeit at a more moderate pace. Downside risks remain elevated, associated with possibly protracted low growth in the United States and bouts of heightened global risk aversion from unsettled market conditions in Europe. The Mexican peso has depreciated by about 8 percent in nominal effective terms since the beginning of the turmoil in Europe. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/367 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/367/002.2011.issue-367-en.xml IMF e-Library