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The Conquest of Mexican Inflation

Ed Skelton () and Mark Wynne ()

Annual Report, Globalization and Monetary Policy Institute, 2011, 13-20

Abstract: From the 1970s through the mid-1990s, Mexico lurched from one crisis to another, its monetary and fiscal framework a source of instability that impeded long-term growth. By adopting best practices in central banking in the latter 1990s?granting the Banco de Mxico independence and mandating price stability as the central bank?s primary goal?Mexico began installing a framework that has proven remarkably successful.

Date: 2011
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Handle: RePEc:fip:feddgm:00009