@misc{10534,
title = {MERCOSUR Report No. 3 (1997)},
author = {Inter-American Development Bank},
year = {2011},
doi = {10.18235/0008640},
abstract = {During 1997, MERCOSUR countries again experienced both an acceleration in their economic growth rates and a reduction in inflation rates. This favorable performance was accompanied by an improved fiscal position and the stabilization of real exchange rates. Given that exchange policies in MERCOSUR countries play a central role as inflation-control instruments, the stabilization or improvement of real exchange rates is good news for the future development of external disequilibria. This is a particularly important issue given the recent deterioration in the current account balances of all member countries.},
url = {https://doi.org/10.18235/0008640}
}