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...

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Dettagli Bibliografici
Autore principale: Kalter, Eliot
Altri autori: Ribas, Armando
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1999.
Serie:IMF Working Papers; Working Paper ; No. 1999/160
Accesso online:Full text available on IMF