32 results
Search Results
2. In memoriam, Anthony P. Thirlwall (1941-2023).
- Author
-
Albornoz, Maximiliano
- Subjects
ELASTICITY (Economics) ,BALANCE of payments ,ECONOMIC development ,GOVERNMENT policy ,INTERNATIONAL trade - Abstract
Copyright of Realidad Economica is the property of Realidad Economica and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2024
3. The Foreign Saving Moderating Effect on Public Spending in Mexico.
- Author
-
Roger Alejandro, Banegas Rivero and Neria Andrés, Blancas
- Subjects
PUBLIC spending ,CHARITIES ,PUBLIC debts ,COMPUTABLE general equilibrium models ,BALANCE of payments - Abstract
Copyright of Revista Nicolaita de Estudios Económicos is the property of Universidad Michoacana de San Nicolas de Hidalgo and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2019
- Full Text
- View/download PDF
4. Mexico's Balance-of-Payments Crisis: A Chronicle of a Death Foretold.
- Author
-
Calvo, Guillermo A. and Mendoza, Enrique G.
- Subjects
BALANCE of payments ,FINANCIAL crises ,BANKING industry ,GLOBALIZATION ,SUSTAINABLE development ,RESERVES (Accounting) - Abstract
The authors of this paper claim that the roots of Mexico's balance-of-payments crisis are found in the existing high degree of capital mobility and financial globalization. Shifts in foreign capital flows and anticipation of a banking-system bailout may produce large imbalances between stocks of financial assets and foreign reserves, thereby threatening the sustainability of currency pegs. Large financial imbalances are also fertile grown for self-fulfilling-prophesy crisis that lead to devaluations and produce deep recessions. These difficulties can be partly remedied by specific policies. Econometric analysis suggests that half of Mexico's reserve losses could be accounted for by these observable facts. This working paper can be found at the US Federal Reserve Board's International Finance Discussion Papers. You can access this by going to
- Published
- 1996
5. The Twin Crises: The Causes of Banking and Balance-of-Payments Problems.
- Author
-
Kaminsky, Graciela L. and Reinhart, Carmen M.
- Subjects
BALANCE of payments ,BANKING industry ,FINANCIAL crises ,INTERNATIONAL finance ,NATIONAL currencies ,DEVALUATION of currency - Abstract
The authors of this paper focus on the potential links between banking and balance-of-payments crisis. The balance-of-payments crisis has come to the attention of policy and academic discussions in light of the ERM and Mexican currency crises. The authors explore these episodes for a large number of countries. Knowing that there are banking problems helps predict a balance-of-payments crisis. Rather than a casual relationship from banking to balance-of-payments crises, the macroeconomic stylized facts that characterize these episodes indicate common causes. This working paper can be found at the US Federal Reserve Board's International Finance Discussion Papers. You can access this by going to
- Published
- 1996
6. Current account and real exchange rate equilibrium: the case of manufacturing in Mexico, 2001-2019.
- Author
-
NALIN, LORENZO and BRID, JUAN CARLOS MORENO
- Subjects
- *
BALANCE of payments , *FOREIGN exchange rates , *ECONOMIC indicators , *NATURAL resources , *TERMS of trade - Abstract
In this paper, we follow Bresser-Pereira et al. (2021) and estimate for Mexico a a series of the real exchange rate (RER) that balances the current account for Mexico for the period 2001q1-2019q4. In this process we take into account numerous determinants, including policy variables and financial indicators the evolution of the terms of trade, as well as a proxi for the Balassa-Samuelson effects, inter alia. Our results show that in most of the period analyzed there has been a trend tendency towards overvaluation, with the RER fluctuating above its equilibrium level. With cointegrating methods, and dynamic ordinary least squared (DOLS) techniques, we examined the effects of exchange rate under and overvaluation on manufacturing; disaggregated in three sectors: i) technology intensive, ii) natural resource intensive and iii) labor intensive activities. Overall, our results indicate that the real exchange rate has a significant influence on the rate of expansion of Mexico's manufacturing real GDP. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
7. Structural change, the real exchange rate and the balance of payments in Mexico, 1960-2012.
- Author
-
Ibarra, Carlos A. and Blecker, Robert A.
- Subjects
BALANCE of payments ,FOREIGN exchange rates ,FREE trade ,MEXICAN economy ,NINETEENTH century - Abstract
This paper estimates a structural model of the balance of payments, with disaggregated exports (manufactures and other) and imports (final and intermediate), and a reduced-form model of the trade balance for the Mexican economy. The analysis identifies structural changes in the composition of Mexico's trade and the parameters that affect it across five subperiods marked by statistical breakpoints. The results indicate that a tightening of the balance-of-payments constraint may account for the post-liberalisation slowdown in Mexico's growth only during certain subperiods and that the impact of real exchange rate changes on the trade balance has diminished, most likely as a result of the increasing integration of export industries into global supply chains. The results also suggest an asymmetry, whereby a country cannot sustain growth above the rate consistent with balance-of-payments equilibrium, as expected, but it can grow persistently below that rate when other constraints are more binding. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
8. Migración e integración en Norteamérica: una aproximación desde el modelo de Thirlwall.
- Author
-
Osorio Caballero, María Isabel and Negreros Amaya, Gonzalo Esteban
- Subjects
ELASTICITY (Economics) ,GEODESIC distance ,INCOME ,DEPENDENT variables ,NORTH American Free Trade Agreement ,HYPOTHESIS - Abstract
Copyright of Mexican Journal of Economics & Finance / Revista Mexicana de Economia y Finanzas is the property of Instituto Mexicano de Ejecutivos de Finanzas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2024
- Full Text
- View/download PDF
9. Industrial Policy in Argentina, Brazil, Chile and Mexico: a Comparative Approach.
- Author
-
Santarcángelo, Juan E., Schteingart, Daniel, and Porta, Fernando
- Subjects
INDUSTRIAL policy ,BALANCE of payments ,FINANCIAL crises ,MACROECONOMICS ,ECONOMIC development - Abstract
Copyright of Interventions Économiques is the property of Association d'Economie Politique and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2017
- Full Text
- View/download PDF
10. Foreign Direct Investment, Exports and Imports in Mexico.
- Author
-
Pacheco-López, Penélope
- Subjects
INTERNATIONAL trade ,ECONOMIC activity ,ECONOMIC development ,BALANCE of payments ,ECONOMIC indicators ,ECONOMICS - Abstract
This paper analyses the liberalisation of foreign direct investment (FDI) in Mexico since the late 1980s, and its relationships with exports and imports. Such a process has eased the access of multinational corporations (MNCs) to the country, which has promoted exports. However, it has also resulted in a higher import content and the displacement of local firms, which has limited Mexico's economic development through the balance of payments constraint. The analysis is supported by the existence of linkages – bidirectional Granger causality – between exports, imports and FDI. [ABSTRACT FROM AUTHOR]
- Published
- 2005
- Full Text
- View/download PDF
11. Mexico's Economic Growth and the Balance of Payments Constraint: a cointegration analysis.
- Author
-
Moreno-Brid, Juan Carlos
- Subjects
ECONOMETRIC models ,MEXICAN economy ,ECONOMIC development ,BALANCE of payments ,COINTEGRATION - Abstract
This paper applies the basic balance-of-payments constraint model (BPCmodel), developed by A.P . Thirlwall, to the analysis of Mexico's economic growth in 1950-96.With the use of unit-root tests and cointegration analysis it estimates the long-run association between the growth of Mexico's real exports and real output in 1950-96, and selected subperiods. The results tend to show significant and positive cointegration between these two variables, thus giving support to the BPC-model as a relevant hypothesis to explain Mexico's long-term economic growth. Moreover, the findings of cointegration tests for selected subperiods suggest that the slowdown in its economic growth since 1982 is associated with an increase in the long-term income elasticity of imports that made more binding the balance-of-payments constraint on the expansion of domestic output. [ABSTRACT FROM AUTHOR]
- Published
- 1999
- Full Text
- View/download PDF
12. BALANZA DE PAGOS, ESTABILIDAD Y CRECIMIENTO EN MÉXICO 1979-2005.
- Author
-
Aldana, Yanod Márquez
- Subjects
ECONOMIC development ,ECONOMIC expansion ,INDUSTRIAL policy ,BALANCE of payments ,MEXICAN economic policy ,MEXICAN economy, 1918- - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2009
13. The effect of trade liberalization on exports, imports, the balance of trade, and growth: the case of Mexico.
- Author
-
Pacheco-López, PenÉlope
- Subjects
INTERNATIONAL trade ,LIBERALISM ,ECONOMIC policy ,TRADE regulation ,IMPORTS - Abstract
The aim of this paper is to disentangle the effects of trade liberalization during the mid-1980s from the liberalization involved in the North American Free Trade Agreement (NAFTA) on exports, imports, and the balance of trade in Mexico. The main empirical results suggest that the trade reforms during the mid-1980s had a significant effect on trade, exports, and imports; however, the effects of NAFTA, at least on exports, are negligible. Since the mid-1980s, the propensity to import has exceeded the propensity to export, and this has worsened the growth rate consistent with balanced trade, which is a major explanation of the slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by Mexico's political leaders at the time. [ABSTRACT FROM AUTHOR]
- Published
- 2005
14. Capital Flows and Macroeconomic Management: Tequila Lessons.
- Author
-
Calvo, Guillermo A.
- Subjects
MEXICAN economy, 1982-1994 ,EMERGING markets ,FOREIGN exchange rates ,PRICE inflation ,BALANCE of payments ,MARKET volatility - Abstract
This paper examines the recent financial debacle in Mexico and its effects on other emerging markets (the Tequila effect). I argue that financial and liquidity considerations--as opposed to current account sustainability or real exchange rate considerations--appear to have played a prominent role. Special attention is given to financial factors in Latin America. On this basis it is concluded that Mexico and Argentina were particularly vulnerable to speculative attacks. For contrast, the experience of Austria is examined and compared with that of Mexico. The analysis suggests that the remarkable stability of Austria--which pegged its currency to the Deutsche Mark for more than 15 years--may be due to the low volatility of its monetary aggregates. I also argue that financial factors could account for multiple self-fulfilling equilibria, helping to explain the sudden and deep reversals in Mexico and Argentina. It concludes with a discussion on policy implications. I suggest that, aside from the usual fiscal prudence advice, countries should pay special attention to the banking system and the maturity of public debt. Furthermore, the appropriateness of an exchange rate regime should take into account the characteristics of the financial sector. [ABSTRACT FROM AUTHOR]
- Published
- 1996
- Full Text
- View/download PDF
15. Mexico's Tariff Policy: A Study in Alternatives.
- Author
-
Katz, Bernard S.
- Subjects
INDUSTRIALIZATION ,ECONOMIC development ,ECONOMIC policy ,TARIFF ,BALANCE of payments ,TERMS of trade - Abstract
While there is common agreement that Mexico's industrialization period was helped by a protective commercial policy, there has been little testing of this hypothesis. This paper investigates the possibility that Mexico may have used her changing tariff postures not to provide aid for her growing industries but rather to improve either her terms of trade, her revenues or her balance of payments during the 1930-1965 period. The research shows that except for isolated instances none of the individual arguments examined, nor their combination, could explain Mexico's tariff policy. It is therefore concluded that tariffs for protection were employed to achieve industrial development. [ABSTRACT FROM AUTHOR]
- Published
- 1976
- Full Text
- View/download PDF
16. Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited.
- Author
-
Blecker, Robert A. and Ibarra, Carlos A.
- Subjects
- *
RECESSIONS , *FINANCIAL liberalization , *CONSTRAINT satisfaction , *IMPORTS , *BALANCE of payments , *ECONOMIC development ,MEXICAN economy - Abstract
Abstract: Previous studies have found that a tightening of the balance of payments (BP) constraint can explain the slowdown in Mexico's growth after its trade liberalization in the late 1980s. This paper develops a disaggregated model of the BP constraint with two types of exports (manufactures and primary commodities) and two types of imports (intermediate and final goods). Econometric estimates (including tests for structural breaks) show that the BP-equilibrium growth rate did not fall, but instead rose in the post-liberalization period, so this model cannot account for the country's growth slowdown. Instead, the analysis points to the need to consider the real exchange rate as well as internal obstacles and policies. [Copyright &y& Elsevier]
- Published
- 2013
- Full Text
- View/download PDF
17. Medición de las remesas familiares de los migrantes mexicanos en EUA, 1993-2007.
- Author
-
Fuentes Flores, Noé Arón and González Andrade, Salvador
- Subjects
- *
REMITTANCES , *INCOME , *ECONOMIC development , *EMIGRATION & immigration , *ESTIMATION theory , *PRODUCTION (Economic theory) , *BALANCE of payments - Abstract
The remittances sent by Mexican migrants in the USA are relevant for recipient household at least in two senses. First, they contribute to rise income, and therefore to diminish poverty level. Second, they also contribute to regional and local economic development via the multipliers generated by the increases of the demand and of the investment in productive activities. Nonetheless, there are several estimations of household remittances magnitude. This paper analyzes the methodologies of Banco de Mexico (Mexican central bank) and those of recognized researchers. There is no consensus regarding the amount of money transferred by Mexican migrants in the USA. Consequently, the positive effects upon the recipient economy may not be conclusive. [ABSTRACT FROM AUTHOR]
- Published
- 2012
18. Macroeconomic effects of remittances in Mexican economy and in the State of Chiapas.
- Author
-
López-Arévalo, Jorge, Sovilla-Sogne, Bruno, and García-Fernández, Francisco
- Subjects
MACROECONOMICS ,REMITTANCES ,MEXICAN economy, 1994- ,NEOLIBERALISM ,ECONOMIC models ,ECONOMIC policy - Abstract
Copyright of Papeles de Población is the property of Universidad Autonoma del Estado de Mexico and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2011
19. MEXICO ENTERS THE '80s.
- Subjects
MEXICAN economy, 1970-1982 ,ECONOMIC development ,MEXICAN politics & government, 1970-1988 ,INTERNATIONAL trade ,BALANCE of payments ,ECONOMIC indicators - Abstract
The article reports on the economic conditions in Mexico in 1980. Topics discussed include the expected growth of the Mexican economy, the stability of its democratic government, and the country's increased foreign trade. Also mentioned are the country's improved balance of payments, the high demand for capital and consumer goods, and the growth of the construction industry.
- Published
- 1980
20. Country Report: Mexico.
- Subjects
MEXICAN economy, 1994- ,MEXICAN politics & government, 1988-2000 ,ECONOMIC forecasting ,PRESIDENTIAL elections ,GROSS domestic product ,BALANCE of payments - Abstract
The article presents an economic and political outlook for Mexico for the 2006-2007 forecast period. The presidential election will be held on July 2, 2006. It is expected that the next government will safeguard the country's macroeconomic stability. Gross domestic product growth is predicted to accelerate in 2006 before slowing in 2007. The current-account deficit is predicted to widen.
- Published
- 2006
21. Country Report: Mexico.
- Subjects
MEXICAN politics & government, 1988-2000 ,MEXICAN economy, 1994- ,ECONOMIC forecasting ,PRESIDENTIAL elections ,GROSS domestic product ,BALANCE of payments - Abstract
The article presents a political and economic outlook for Mexico for the 2006-2007 period. The presidential election scheduled in July 2006 is not expected to destabilize the country's economy. It is expected that the next government will focus on safeguarding macroeconomic stability. Gross domestic product growth is predicted to slow down by 2007. The current-account deficit is expected to widen due to the slowdown of export volumes and decline of oil prices.
- Published
- 2006
22. Measurement of household remittances of Mexican migrants in the USA, 1993-2007.
- Author
-
Fuentes Flores, Noé Arón and González Andrade, Salvador
- Subjects
- *
REMITTANCES , *EMIGRATION & immigration , *BALANCE of payments , *ESTIMATION theory , *INCOME , *PRODUCTION (Economic theory) - Abstract
The remittances sent by Mexican migrants in the USA are relevant for recipient household at least in two senses. First, they contribute to rise income, and therefore to diminish poverty level. Second, they also contribute to regional and local economic development via the multipliers generated by the increases of the demand and of the investment in productive activities. Nonetheless, there are several estimations of household remittances magnitude. This paper analyzes the methodologies of Banco de Mexico (Mexican central bank) and those of recognized researchers. There is no consensus regarding the amount of money transferred by Mexican migrants in the USA. Consequently, the positive effects upon the recipient economy may not be conclusive. [ABSTRACT FROM AUTHOR]
- Published
- 2012
23. A note on intermediate imports and the BPCG model in Mexico.
- Author
-
Ibarra, Carlos
- Subjects
BALANCE of payments ,FREE trade ,ECONOMIC equilibrium ,GROSS domestic product - Abstract
Numerous applications of the balance-of-payments-constrained growth (BPCG) model have concluded that Mexico's equilibrium GDP growth rate fell after trade liberalization, because of a sharp rise in the income-elasticity of imports. Following the bounds testing approach of Pesaran et al. (), the present note estimates equations for intermediate and other types of imports in Mexico from 1960 to 2006. It shows that intermediate imports are significantly affected by manufactured exports, and that once the effect is controlled for, there is no significant rise in their income-elasticity-in contrast to what is observed for other types of imports. Since manufactured exports are highly intensive in imports, what the typical BPCG regression detects as an increase in the elasticity of intermediate imports may reflect a compositional effect, namely, the re-composition of GDP towards exports. Some implications for the BPCG model are briefly discussed in the conclusions. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
24. Part Two - Indicators for OECD Member countries.
- Subjects
ECONOMIC indicators ,GROSS domestic product ,BALANCE of payments ,EXPORTS ,IMPORTS - Abstract
Presents charts and graphs on short-term economic indicators of several member countries of the Organisation for Economic Co-operation & Development from 2000 to 2004. Gross domestic product of Canada; Balance of payments of Mexico in 2003; Exports and imports of the U.S.
- Published
- 2004
25. The Missed Lessons of the Mexican Peso Crisis.
- Author
-
Sharma, Shalendra
- Subjects
CURRENCY crises ,PESO (Mexican currency) ,BALANCE of payments ,FOREIGN exchange ,DEVALUATION of currency ,STOCKS (Finance) - Abstract
This article focuses on the Mexican Peso crisis. Notwithstanding the highlighted structural problems, the Banco de Mexico and a number of analysts have pointed out that fundamentals cannot account fully for the Mexican peso crisis. The Mexican crisis did not exhibit a traditional balance-of-payments crisis namely, excessive expansive monetary and fiscal policies. Indeed, Mexico's budget was broadly balanced at no more than percent of gross domestic product (GDP) in 1994. Also, inflation and monetary growth were moderate. Furthermore, the standard models of speculative attacks cannot fully account for the magnitude and severity of the peso crisis. These considerations have led some to conclude that the peso crisis was akin to a self-fulfilling bank run. Specifically, it is argued that although the tesobono stock totaled only about 10 percent of the GDP in 1994, it was large relative to the Bank of Mexico's reserves, and hence vulnerable to a self-fulfilling run. The December 20 devaluation made the investors overreact and pull their money out. Thus, it was this creditor panic and resultant herd behavior that greatly exacerbated the problem.
- Published
- 2001
- Full Text
- View/download PDF
26. Sinopsis de la obra en idioma inglés.
- Subjects
- *
ECONOMICS , *BALANCE of payments , *FOREIGN exchange , *MATHEMATICAL variables , *FOREIGN exchange rates , *TAXATION , *PRICE inflation - Abstract
This paper analyses the effects of exogenous changes in the terms of trade on short term fluctuations of the balance of payment in Mexico (concerning a monetary approach and a fixed exchange rate), during 1948-1984. Variations in the terms of trade are here stated to repercuss on transformations of real activities and through them on the demand for real balances and on the balance of payments. A wide description and use of Granger and Sims techniques are made in the document to prove the causal patterns of a double variable system (domestic monetary variables and inflation) given the implicit assumption of the model that considers the exogenous character of the inflation rate with regard to the domestic monetary variables. The results obtained from the model allow to stress the importance of and concern for variations in the terms of trade concerning the real activity as well as the balance of payment. [ABSTRACT FROM AUTHOR]
- Published
- 1988
27. Trade Complementarity and the Balance of Payments Constraint Hypothesis: A New Free Trade Agreement between Mexico and South Korea.
- Author
-
Quintana-Romero, Luis, Mun, Nam Kwon, Andrés-Rosales, Roldán, and Álvarez-García, José
- Subjects
COMMERCIAL treaties ,BALANCE of payments ,BALANCE of trade ,FREE trade ,TRADE regulation ,COMPLEMENTARITY constraints (Mathematics) ,LINEAR complementarity problem - Abstract
Market diversification is one of the keys to success in the new era of world trade. Highly competitive countries have accomplished positive and sustained growth rates by not depending on a single market for their exports and imports. In Mexico, on the contrary, 80% of exports and 45% of imports concentrate in the United States. The South Korean market represents an opportunity for the Mexican economy, as the relationship between the two countries has strengthened in recent decades. This opportunity would promote greater economic growth for both countries if they reached a Free Trade Agreement, as we show in this work. The aim of this research is to assess the complementarity between these countries and estimate their external long-term equilibrium using the Thirlwall trade restriction model. Results confirm the existence of trade complementarity between the two economies and show that these are able to achieve long-term equilibrium in the external sector. Additionally, the Mexican economy would not face balance of payment constraints for growth when trading with South Korea, as it currently does with the United States. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
28. Economic performance.
- Subjects
MEXICAN economy, 1994- ,GROSS domestic product ,UNEMPLOYMENT ,INDUSTRIAL equipment ,BALANCE of payments - Abstract
The article reports updates on the economic performance in Mexico. Gross domestic product (GDP) grows at 3.8 percent year on year in 2007 driven by the growth of domestic demand and service sectors. Unemployment rate accelerates at 4.1 percent in January 2008 as well as spending on capital goods import at 32 percent. Current-account deficit increases at 0.8 percent in the fourth quarter of 2007.
- Published
- 2008
29. BMI Research: Latin America Monitor: Mexico Monitor: External Accounts To Worsen From Here.
- Subjects
BALANCE of payments ,CAPITAL ,INVESTMENTS ,MEXICAN economy, 1994- - Abstract
The article reports that the 16.4 billion dollars capital account surplus recorded in Mexico's balance of payments for the first half of 2010 will deteriorate over the rest of the year. The capital account inflows was brought about by Heineken's purchase of retail and beverage firm Femsa which covered the 714 million U.S. dollars current account shortfall. It projects a worsening in Mexico's external position over the next few quarters and suggests a scenario where investors will question the sustainability of Mexico's balance of payments position.
- Published
- 2010
30. BMI Research: Latin America Monitor: Mexico Monitor: Weaker Capital Inflows Ahead.
- Subjects
BALANCE of payments ,ECONOMIC forecasting ,FOREIGN investments ,GROSS domestic product ,GROWTH rate ,BANK reserves - Abstract
The article offers an outlook for the longer-term balance of payments of Mexico for the remainder of 2010 and 2011 despite record foreign capital inflows in the first quarter of 2010 (Q110). Based on data, the country attracted the highest level of net foreign capital inflows on record in Q110. Current account deficit is not anticipated to rise significantly in the second quarter despite the expected pick-up in the year-on-year real gross domestic product (GDP) growth rate. Also noted is the high foreign reserve levels of Banxico.
- Published
- 2010
31. BMI Research: Latin America Monitor: Mexico Monitor: Trade Balance Still In The Black.
- Subjects
BALANCE of trade ,BALANCE of payments - Abstract
The article reports on the year-to-date trade balance of Mexico which remained in surplus in April 2010, from 150 million U.S. dollars in March to 340 million in April, and the projected trade deficit by the end of the year at 2.71 billion, from a 2009 forecast of 4.68 billion dollars.
- Published
- 2010
32. BMI Research: Latin America Monitor: Mexico Monitor: REGIONAL INDICATORS.
- Subjects
CHARTS, diagrams, etc. ,GROSS domestic product ,PRICE inflation ,BALANCE of payments - Abstract
A table is presented that lists the regional indicators such as real gross development product (GDP) growth, inflation and current account balance percentage from 2006-2009 in Latin American countries including Argentina, Mexico and Chile.
- Published
- 2008
Discovery Service for Jio Institute Digital Library
For full access to our library's resources, please sign in.