For Matías Vernengo and Esteban Pérez Caldentey (2020), the MMT literature overemphasizes the choice of the exchange rate regime and the relevance of a flexible exchange rate regime, as well as the ultimate effect of that choice upon the policy space. In addition, they argue that the role of...

The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican...

For Matías Vernengo and Esteban Pérez Caldentey (2020), the MMT literature overemphasizes the choice of the exchange rate regime and the relevance of a flexible exchange rate regime, as well as the ultimate effect of that choice upon the policy space. In addition, they argue that the role of...

The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican...

This paper studies the relation between Mexican and American economy, and how the increase in interest rate in US would impact the rest of the world, because of the lower economic growth, and its consequence of lower exports growth of the rest of the world to US. This policy decreases capital...

El bajo crecimiento que ha venido mostrando la economía mexicana (2.9% promedio anual del 2000-2006), esta vinculado a la política macroeconómica de estabilidad, sustentada en la disciplina fiscal, la política monetaria restrictiva y en la apreciación cambiaria (ya que el tipo de cambio no...