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dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …
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The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that … various countries are implementing industrial and protectionist policies. If Mexico continues to bet on outward growth through … nearshoring, it will have no chance of overcoming the problems it faces. Mexico cannot continue with an economic policy that does …
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"This paper deals with the relationship between inflation targeting and exchange rates. I address three specific issues: first, I analyze the effectiveness of nominal exchange rates as shock absorbers in countries with inflation targeting. This issue is closely related to the magnitude of the...
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