The 1994 Mexican Economic Crisis : The Role of Government Expenditure and Relative Prices /

This paper discusses the role of a country's fiscal stance in weakening the financial underpinnings of an open economy with a quasi-fixed nominal exchange rate, even where the overall fiscal deficit remains unchanged, or even narrows. The paper cites the role of expanding government operations...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kalter, Eliot
Weitere Verfasser: Ribas, Armando
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/160
Online Zugang:Full text available on IMF