Este trabajo analiza el problema de crecimiento económico lento de México. Descompone el aumento del producto por el lado de la demanda e ilustra la incidencia fundamental de la atonía de la inversión. Sostiene, con respaldo econométrico, que esa atonía se explica en parte por la...

The paper studies the effects of the real exchange rate (RER) on capital accumulation in Mexico in the period since the late 1980s. By testing for the existence of potential asymmetries, the paper seeks to clarify some of the controversies surrounding the subject. It shows the RER’s long-run...

"Series of papers assessing Mexico's recent macroeconomic performance. Chapters cover the process of adjustment from the crisis of 1982 to 1992, the potential of the agricultural sector, structural problems in manufacturing, the service sector, and problems of semi-industrialized economies...