Report
The Conquest of Mexican Inflation
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.
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https://www.dallasfed.org/~/media/documents/institute/annual/2011/annual11c.pdf
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Provider: Federal Reserve Bank of Dallas
Part of Series: Annual Report, Globalization and Monetary Policy Institute
Publication Date: 2011
Pages: 13-20