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.

Access Documents

File(s): File format is application/pdf https://www.dallasfed.org/~/media/documents/institute/annual/2011/annual11c.pdf
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Annual Report, Globalization and Monetary Policy Institute

Publication Date: 2011

Pages: 13-20