European Parliament Library

Mexico :, 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Abstract
The staff report on Mexico’s 2008 Article IV Consultation focuses on economic and financial sector implications of the global crisis. Inflation has been anchored in a low range, and public and private balance sheets have been substantially strengthened. Most importantly, public external debt and financing requirements have been sharply reduced. The external current account position has been solid, and official reserves have been built up steadily, though not to the extent in some other emerging markets. The banking system is highly profitable and well capitalized
Table Of Contents
Cover; Contents; I. Context for the Consultation; II. A Wave of External Shocks; Figures; 1. Real Sector Developments; 2. External Sector-Trade and Current Account; 3. Bond Market Developments; 4. Exchange Rate Indicators; 5. Banking Indicators; III. Outlook and Risks-Assessing the Implications of External Shocks; Boxes; 1. Real and Financial Spillovers from the United States to Mexico; 6. Household Sector; 7. External Sector-Capital Account; IV. Policy Choices-Responding to the Global Crisis and Enhancing Resilience; A. Macro Policy Management; 8. Inflation and Monetary Policy
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (65 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452717142

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