Back to Search Start Over

Historia económica del peso mexicano. Del mercado global a la gestión política de la moneda, coordinado por Antonio Ibarra y Bernd Hausberger.

Authors :
Borja Gómez, Galia
Source :
Trimestre Económico. abr-jun 2024, Vol. 91 Issue 362, p477-482. 6p.
Publication Year :
2024

Abstract

The article titled "Economic History of the Mexican Peso: From the Global Market to the Political Management of Currency" is a book that addresses the evolution of money in Mexico from colonial times to the late 20th century. The Bank of Mexico has aimed to provide the country with national currency and promote the development of payment systems. The book highlights the importance of security and trust in money for it to fulfill its functions properly. It also mentions moments of transition in the political management of currency, such as the financial bankruptcy of the Viceroyalty and the reintegration of the Mexican peso into the global economy after Independence. During the 19th century, different forms of political currency management emerged, including the introduction of copper coins and the use of paper money. The text provides a summary of Mexico's monetary history from the late 19th century to the present, highlighting the adoption of a floating exchange rate regime and the relevance of the Mexican peso as a global currency. The importance of understanding monetary history to effectively face future challenges is emphasized. [Extracted from the article]

Details

Language :
Spanish
ISSN :
00413011
Volume :
91
Issue :
362
Database :
Academic Search Index
Journal :
Trimestre Económico
Publication Type :
Academic Journal
Accession number :
176495029
Full Text :
https://doi.org/10.20430/ete.v91i362.2340