Balance-of-payments constrained economic growth: the case of Mexico

An analytical model for balance-of-payment constraints is developed to analyse the economic crisis which swept the entire Mexican region during the early 1980s. Analytical results suggest that a modification of the long-term income multipliers of the proposed framework may be effected by implementin...

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Main Author: J.-C. MORENO-BRID
Format: Article
Language:English
Published: Associazione Economia civile 1998-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10604/10488
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spelling doaj-26bd6f321eec48c5938258b31901765a2020-11-24T23:54:45ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36431998-12-0151207413432Balance-of-payments constrained economic growth: the case of MexicoJ.-C. MORENO-BRIDAn analytical model for balance-of-payment constraints is developed to analyse the economic crisis which swept the entire Mexican region during the early 1980s. Analytical results suggest that a modification of the long-term income multipliers of the proposed framework may be effected by implementing a long-term constant ratio of the current account to nominal gross domestic product. It is further shown that Mexico's economic instability was largely caused by the inadequacy of foreign exchange resources necessary in driving domestic growth.http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10604/10488EconomicsResearch and Development in the Social Sciences and HumanitiesModelsMexico
collection DOAJ
language English
format Article
sources DOAJ
author J.-C. MORENO-BRID
spellingShingle J.-C. MORENO-BRID
Balance-of-payments constrained economic growth: the case of Mexico
PSL Quarterly Review
Economics
Research and Development in the Social Sciences and Humanities
Models
Mexico
author_facet J.-C. MORENO-BRID
author_sort J.-C. MORENO-BRID
title Balance-of-payments constrained economic growth: the case of Mexico
title_short Balance-of-payments constrained economic growth: the case of Mexico
title_full Balance-of-payments constrained economic growth: the case of Mexico
title_fullStr Balance-of-payments constrained economic growth: the case of Mexico
title_full_unstemmed Balance-of-payments constrained economic growth: the case of Mexico
title_sort balance-of-payments constrained economic growth: the case of mexico
publisher Associazione Economia civile
series PSL Quarterly Review
issn 2037-3635
2037-3643
publishDate 1998-12-01
description An analytical model for balance-of-payment constraints is developed to analyse the economic crisis which swept the entire Mexican region during the early 1980s. Analytical results suggest that a modification of the long-term income multipliers of the proposed framework may be effected by implementing a long-term constant ratio of the current account to nominal gross domestic product. It is further shown that Mexico's economic instability was largely caused by the inadequacy of foreign exchange resources necessary in driving domestic growth.
topic Economics
Research and Development in the Social Sciences and Humanities
Models
Mexico
url http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10604/10488
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