The right combination of orthodox and heterodox policies can bring inflation down and induce sustained economic recovery in Mexico-- and has done so. But a few loose ends remain: a sharp decline in private savings and the continuing appreciation of the peso.
The right combination of orthodox and heterodox policies can bring inflation down and induce sustained economic recovery in Mexico-- and has done so. But a few loose ends remain: a sharp decline in private savings and the continuing appreciation of the peso.