Resumen

HEATH, Jonathan  y  ACOSTA MARGAIN, Jaime. Reflections and Perspectives at 25 years of the Autonomy of the Banco de México. Inv. Econ [online]. 2019, vol.78, n.310, pp.11-39.  Epub 10-Mar-2020. ISSN 0185-1667.  https://doi.org/10.22201/fe.01851667p.2019.310.71545.

This paper describes the challenges and achievements that Banco de México has faced during its first twenty-five years of autonomy. The paper offers some insights about key institutional features that were decisive in fulfilling the central bank’s main mandate: Price stability. The article also outlines the evolution of the monetary policy framework and the central bank operations in order to achieve the central bank main goal. Similarly, other elements such as foreign exchange policy, international reserve management, accountability and communication policies are also discussed.

Palabras llave : Banco de México; monetary policy; central banking; central bank independence.

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