The monetary pendulum in Mexico
Includes bibliography
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2014
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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 AT ibarradavid monetarypenduluminmexico |
_version_ |
1718439842567684096 |