Stabilization policies with limits to economic growth in Mexico

Abstract

After the 1982 crisis of the Mexican economy, Mexico's economic management identifies two periods. In the first (1983-1987), the government's decision to assume foreign debt commitments led to the undervaluation of our currency in order to access the trade surplus. However, it also generated a process of high inflation with productive stagnation. In the second period (1988 to date), the economic management of the country deepened the opening of the economy with the purpose of reducing inflation. With the overvaluation of the peso, this objective has affected Mexico's economic growth and trade performance in the world market. The paper concludes with a proposal to reflect on the drawbacks of this type of management.