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Political Economy of Mexico's Dollarization Debate, The

Format *
Between 1998 and 2002 Mexico was host to an intense debate over dollarization. This paper examines the conjunctural factors which led to the emergence of this debate, reviews the main participants in the debate and their arguments, and discusses why the debate ended. We further argue that the Mexican debate can best be understood not as one between rival ideological positions but between different, say, mainstream neo-liberal positions. There is no mainstream consensus on the preferred form of the institutional governance of money. The Mexican debate on dollarization reflects this rather than simply the imperatives of global market pressures.
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Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211216172
Print Publication Date
Page Count
28
Print Sales Number
06.II.G.147
Series Title
Estudios y Perspectivas

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