Economic policymaking in México : factor underlyning the 1982 crisis / Robert E. Looney.

Foreword, xiii -- Preface, xv -- Acknowledgments, xvii -- I. Historical trends and sources of growth, 1 -- Introduction, 3 -- I. An Overview of the Mexican economy, 5 -- 2. Mechanisms of Mexican economic growth, 28 -- 3. External sources of instability, 38 -- II. Economic policymaking, 1971-82, 53 -- Introduction, 55 -- 4. Policymaking during the Echeverria administration, 1971 -76, 57 -- 5. Policymaking in the early Lopez Portillo years: devaluation and stabilization, 69 -- 6. Industrial Policy under Lopez Portillo, 84 -- 7. Fiscal Policy under Lopez Portillo: prelude to the 1982 crisis, 95 -- 8. Policymaking in Lopez Portillo's final year: the 1982 devaluations and aftermath, 111 -- III. Empirical examinations of policy impact, 123 -- Introduction, 125 -- 9. Scope for anti-inflationary policy, 127 -- 10. Dynamics of the fiscal system, 150 -- II. Macroeconomic Controversies: The monetarist -Cambridge interpretations of the policy environment, 164 -- 12. Impact of fiscal policy: a critique of the Fitzgerald thesis, 179 -- IV. Scope for optimal policymaking, 203 -- Introduction, 205 -- 13. Optimal stabilization programs, 1975-81, 207 -- 14. Scope for optimal policy in an oil-based economy, 1982-87, 235 -- 15. Optimal IMF-type stabilization programs during the de la Madrid presidency, 1983-87, 260 -- 16. The policymaking dilemma, 276 -- Notes, 283 -- Bibliography, 297 -- Index, 307.