In view of the lags with which monetary policy operates and the openness of the Mexican economy to foreign trade, most of the monetary policy actions undertaken during 2016 were of a preventive nature and aimed at containing the pass-through of the exchange rate to prices. 3. The inflationary implications of a number of simultaneous supply shocks.
Community development: an entrepreneurial enterprise This innovative example serves as a reminder that successful community development is an entrepreneurial enterprise.