TY  - BOOK
AU  - Rojas-Suárez,Liliana
TI  - From the Debt Crisis toward Economic Stability: An Analysis of the Consistency of Macroeconomic Policies in Mexico 
T2  - IMF Working Papers; Working Paper
SN  - 1451843453 :
SN  - 1018-5941
PY  - 1992///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Inflation Rate
KW  - imf
KW  - Inflation Rates
KW  - Inflationary Tax
KW  - Real Interest Rates
KW  - Mexico
N2  - 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
UR  - http://elibrary.imf.org/view/IMF001/02676-9781451843453/02676-9781451843453/02676-9781451843453.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451843453
ER  -