The monetary pendulum in Mexico

Includes bibliography

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Autor principal: Ibarra, David
Formato: Texto
Lenguaje:English
Publicado: 2014
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Acceso en línea:http://hdl.handle.net/11362/11058
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spelling oai-11362-110582020-03-04T19:57:23Z The monetary pendulum in Mexico Ibarra, David INESTABILIDAD MONETARIA POLITICA MONETARIA TIPOS DE CAMBIO CURRENCY INSTABILITY FOREIGN EXCHANGE RATES MONETARY POLICY Includes bibliography First World priorities and the need for nations to coexist in harmony have given rise in each period to a set of rules constituting the international economic order. This is a shifting order, in which national goals move alternatively towards and away from those of an international nature. The objective of the gold standard was to uphold monetary convertibility, if necessary at the expense of national objectives. By contrast, the Bretton Woods system inverted the terms of the equation by making governments responsible for employment and growth. The monetary pendulum is now swinging back again, from nationalism to cosmopolitanism. In the case of Mexico, owing to failures of adaptation, this latest shift has translated into an all-out struggle against inflation that has brought the country to a state of chronic near-stagnation, leaving it trailing in the rear of the world development process. / 2014-01-02T18:43:56Z 2014-01-02T18:43:56Z 2005-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11058 LC/G.2266-P en CEPAL Review CEPAL Review 85 application/pdf MEXICO MEXICO
institution Cepal
collection Cepal
language English
topic INESTABILIDAD MONETARIA
POLITICA MONETARIA
TIPOS DE CAMBIO
CURRENCY INSTABILITY
FOREIGN EXCHANGE RATES
MONETARY POLICY
spellingShingle INESTABILIDAD MONETARIA
POLITICA MONETARIA
TIPOS DE CAMBIO
CURRENCY INSTABILITY
FOREIGN EXCHANGE RATES
MONETARY POLICY
Ibarra, David
The monetary pendulum in Mexico
description Includes bibliography
format Texto
author Ibarra, David
author_facet Ibarra, David
author_sort Ibarra, David
title The monetary pendulum in Mexico
title_short The monetary pendulum in Mexico
title_full The monetary pendulum in Mexico
title_fullStr The monetary pendulum in Mexico
title_full_unstemmed The monetary pendulum in Mexico
title_sort monetary pendulum in mexico
publishDate 2014
url http://hdl.handle.net/11362/11058
work_keys_str_mv AT ibarradavid themonetarypenduluminmexico
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