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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Автор: Kalter, Eliot
Інші автори: Ribas, Armando
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1999.
Серія:IMF Working Papers; Working Paper ; No. 1999/160
Онлайн доступ:Full text available on IMF