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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Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
1999.
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Serie: | IMF Working Papers; Working Paper ;
No. 1999/160 |
Länkar: | Full text available on IMF |