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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...
Persistent link: https://www.econbiz.de/10014581887
-learning techniques, we estimate a flexible "nonlinear VAR" for the stance of monetary policy, real activity, inflation, and financial …
Persistent link: https://www.econbiz.de/10014581901
The electoral campaign of Argentina's new president Javier Milei has revived the debate over the pros and cons of dollarization. Critics argue that dollarizing would force Argentina to import the monetary policy of the Federal Reserve, regardless of whether the Fed's policies are appropriate for...
Persistent link: https://www.econbiz.de/10014581902