This 2005 survey of Mexico's economy examines key challenges faced by Mexico including delivery of education services, improving business conditions, strengthening public finances, and getting the most out of public sector decentralisation.
Mexico is recovering from a pandemic that had deep economic and social impacts. Informal workers, women and youth were particularly hit, exacerbating long-standing social challenges. Mexico’s solid macroeconomic policy framework safeguarded macroeconomic stability. But medium term growth prospects have weakened and growth over the past two decades has been low.
Mexico has embarked on a bold package of structural reform to break free from three decades of slow growth, low productivity, pervasive labour market informality and high income inequality. The package of reforms has already helped to improve confidence and bodes well for 2015 and beyond.To make the most of this impressive package, Mexico will need to improve its governance and institutional capacity to ensure effective implementation. The government elected in 2012 quickly reached a historic agreement among previously divergent political parties on an ambitious consensus-based package of reforms known as the "Pacto por Mâxico", aimed at putting the country back on a path of prosperity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure, telecommunications and the tax system, among many, and implementation has started in earnest. If fully implemented, these reforms could increase annual trend per capita GDP growth by as much as one percentage point over the next ten years, with the energy reforms having the most front-loaded effects, and the education reforms more lasting effects in the years to come.
The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds.
This edition of OECD's periodic economic survey of Mexico examines key challenges Mexico faces in the medium-term including strengthening public finances, maximising the gains from integration into the world economy, improving infrastructure ...
This 2005 survey of Mexico's economy examines key challenges faced by Mexico including delivery of education services, improving business conditions, strengthening public finances, and getting the most out of public sector decentralisation.
Across the OECD, governments are seeking to undertake structural reforms to strengthen their economic growth. Based on a broad set of indicators of structural policies and performance, Going for Growth 2007 takes stock of the recent progress made in implementing policy reforms and identifies, for each OECD country, five policy priorities to lift growth. It calls for reforms in areas such as product and labour market regulation, taxation, pension, income support, health and education to boost labour productivity and employment. The set of internationally comparable indicators provided here enables countries to assess their economic performance and structural policies in a broad range of areas. The publication puts together the knowledge accumulated at the OECD in these various fields. In addition, this issue contains four analytical chapters covering: The employment effects of policies and institutions Product market regulation and productivity convergence Policies to strengthen competition in product markets Factors shaping the implementation of structural reform
Despite improved macroeconomic fundamentals, this 2009 edition of OECD's periodic survey of the Mexican economy finds that Mexico is being hard hit by the financial crisis and world economic downturn. In addition to a chapter examining how to ...