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Dollarization in Mexico
Plan of the Work
12 other sections not shown
activities analysis average borrowing capital circuits capital flight capital flows capital markets cash balances changes coefficient commodity corresponding currency denomination currency substitution degree of openness demand for money determined DFPX diagram discussion dollar circuits domestic currency equation Eurocurrency example exchange markets external debt F-statistic fixed exchange rate foreign capitals foreign currency circuits foreign direct investment framework function important includes increase industries institutional factors integration interest rates international capital international expansion international trade international transactions internationalization of capital internationalized production internationalized territory LDC's LDCs less developed countries Mexican Mexico Michalet MNC's MNCs monetary circuits money substitution money substitution ratios money-capital circuit multinational corporations multinational firms national currency national economies national territory opportunity costs Palloix PEMEX peso potential foreign currency process of internationalization regression represents reproduction of capital role substitution models symmetry tendencies transactors uncertainty wn wn wn world economy