MERCOSUR Report No. 3 (1997)
During 1997, MERCOSUR countries again experienced both an acceleration in their economic growth rates and a reduction in inflation rates. This favorable performance was accompanied by an improved fiscal position and the stabilization of real exchange rates. Given that exchange policies in MERCOSUR countries play a central role as inflation-control instruments, the stabilization or improvement of real exchange rates is good news for the future development of external disequilibria. This is a particularly important issue given the recent deterioration in the current account balances of all member countries.
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| Format: | Technical Notes biblioteca |
| Language: | English |
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Inter-American Development Bank
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| Subjects: | Integration and Trade, Economy, Competitividad;Infraestructura;MERCOSUR Report N° 3;Acceso a los Mercados;Macroeconomía;MERCOSUR;INTAL, |
| Online Access: | http://dx.doi.org/10.18235/0008640 https://publications.iadb.org/en/mercosur-report-no-3-1997 |
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