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The United States should borrow Mexico's fiscal discipline manual (with reference to Cantinflas, Guillermo Ortiz's quip, inflation targeting and many comparative metrics)

Author

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  • Richard W. Fisher

Abstract

Remarks before the Bolsa Mexicana de Valores, Mexico City, February 29, 2012 ; \"Mexico?s rapid recovery in all dimensions of its macroeconomy and financial sector is proof positive that the gain from reform is worth the pain. I would go so far as to say there are lessons to be learned here, lessons for the U.S. and even lessons for Europe.\"

Suggested Citation

  • Richard W. Fisher, 2012. "The United States should borrow Mexico's fiscal discipline manual (with reference to Cantinflas, Guillermo Ortiz's quip, inflation targeting and many comparative metrics)," Speeches and Essays 104, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:104
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    File URL: http://www.dallasfed.org/news/speeches/fisher/2012/fs120229.cfm
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