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...

Полное описание

Библиографические подробности
Главный автор: Kalter, Eliot
Другие авторы: Ribas, Armando
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1999.
Серии:IMF Working Papers; Working Paper ; No. 1999/160
Online-ссылка:Full text available on IMF