Mexico : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

August 13, 2004

Electronic Access:

Free Full text (PDF file size is 2098 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper analyzes reserve adequacy in Mexico. Reserve adequacy has been of renewed interest, as the authorities have introduced a new rules-based mechanism of U.S. dollar sales to reduce the rate of reserve accumulation. The paper examines the recent experience with Mexico’s fiscal management tools in light of the need for further consolidation. It reviews evidence on the cyclical behavior of fiscal policy in Mexico, finding that it has generally been procyclical since the early 1990s. The paper also examines the determinants of inflation in Mexico since 1997.

Series:

Country Report No. 04/250

Subject:

English

Publication Date:

August 13, 2004

ISBN/ISSN:

9781451955613/1934-7685

Stock No:

1MEXEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

86

Please address any questions about this title to publications@imf.org