Mexico : Selected Issues.

This Selected Issues paper analyzes reforms to Mexico's fiscal framework. Mexico's resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public debt level...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund. Western Hemisphere Dept
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Staff Country Reports; Country Report ; No. 2013/333
Acesso em linha:Full text available on IMF
Descrição
Resumo:This Selected Issues paper analyzes reforms to Mexico's fiscal framework. Mexico's resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public debt levels can create space to implement countercyclical fiscal policies and reduce exposure to high financing and hedging costs, which would protect Mexico's credit rating at times of distress. The paper highlights that recent fiscal reform is designed with these policy objectives in mind, to build on the strengths of the previous fiscal framework.
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Descrição Física:1 online resource (49 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students