Resumo

VILLARREAL, René. El modelo de apertura macroestabilizador: La experiencia de México. Econ: teor. práct [online]. 2009, n.spe2, pp.09-39. ISSN 2448-7481.

The Openness Macro-Stabilization Model has been exhausted and converted into the trap to growth and competitiveness of our country, with low investment rate and productivity. The Mexico's Macro-Stabilization Model in the past two decades has succeeded in reducing inflation, which reached over 150% in 1987, to single digit levels, but at the cost of an unprecedented economic stagnation that has led the country to what we call "stagnation stability" product of an iatrogenic macroeconomic policy (adverse condition in a patient resulting from treatment): contractionary monetary policy, exchange rate appreciation with a pro-importer bias and fiscal policy with structural obstacles to become a countercyclical policy.

Palavras-chave : macroeconomic model; macroeconomic policy; stagnation; competitiveness; economic growth; openness and trade liberalization; NAFTA.

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