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Mexico Selected Issues

This Selected Issues paper analyzes reserve adequacy in Mexico. Reserve adequacy has been of renewed interest, as the authorities have introduced a new rules-based mechanism of U.S. dollar sales to reduce the rate of reserve accumulation. The paper examines the recent experience with Mexico’s fiscal...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Foreign Exchange
Price Level
Reserves Accumulation
Inflation
Taxation, Subsidies, And Revenue: General
Deflation
Money And Monetary Policy
Government And The Monetary System
Monetary Policy
Public Finance
Monetary Systems
Prices
Monetary Economics
Currencies
Dollarization
Banking
Currency
Banks And Banking
Regimes
Macroeconomics
Payment Systems
Public Finance & Taxation
Revenue
Standards
Foreign Exchange Reserves
Central Banks
Revenue Administration
Exchange Rates
Mexico
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper analyzes reserve adequacy in Mexico. Reserve adequacy has been of renewed interest, as the authorities have introduced a new rules-based mechanism of U.S. dollar sales to reduce the rate of reserve accumulation. The paper examines the recent experience with Mexico’s fiscal management tools in light of the need for further consolidation. It reviews evidence on the cyclical behavior of fiscal policy in Mexico, finding that it has generally been procyclical since the early 1990s. The paper also examines the determinants of inflation in Mexico since 1997
Physical Description:86 pages
ISBN:9781451955613

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