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. What Determines Competitiveness? Sound Monetary and Fiscal Policies Fiscal Policy: Public spending aligned with revenues over time Monetary Policy: Low levels of inflation Economic Stabilization: Avoiding structural imbalances and cyclical overheating Macroeconomic Competitiveness Sound Monetary and Fiscal Policies Human Development and Effective Political Institutions Endowments 20121019-Mexican Competitiveness Presentation-FINAL 5 Copyright 2012 Professor Michael E. Porter

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