Mexico: Staff Report for the 2002 Article IV Consultation

International Monetary Fund

No 2002/237, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2002 Article IV Consultation highlights that the economic slowdown in the United States triggered a sharp weakening in Mexican economic activity in 2001 from the rapid pace in the preceding year. There was also a marked deceleration in domestic demand growth, as disposable income was adversely affected by a contraction in employment and confidence sagged. Economic activity rebounded strongly in the second quarter of 2002, as exports were supported by stronger demand from the United States and final domestic demand grew sharply.

Keywords: ISCR; CR; deficit; interest rate movement; inflation rate; yield curve; authority; monetary policy stance; corporate bond bond market; reform effort; Public sector; Credit; Global (search for similar items in EconPapers)
Pages: 74
Date: 2002-10-30
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