Mexico Policy Notes

This note presents an overview of Mexico's forthcoming reform agenda-from the World Bank's vantage point. It distills the main messages in the policy notes that make up this compendium. The purpose is not to provide definitive answers to...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2013
Subjects:
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/05/17795614/united-mexican-states-policy-notes
http://hdl.handle.net/10986/16077
id okr-10986-16077
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO BANK
ACCOUNTING
ACCOUNTING FRAMEWORK
ACCOUNTING STANDARDS
ADMINISTRATIVE PROCEDURES
ASYMMETRIC INFORMATION
AUCTIONS
BAILOUTS
BANK LOAN
BANKING SECTOR
BANKING SYSTEM
BARRIERS TO COMPETITION
BARRIERS TO ENTRY
BENEFICIARIES
BENEFICIARY
BINDING CONSTRAINT
BUDGETING
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CARBON
CARBON DIOXIDE
CASH PAYMENT
CLIMATE CHANGE
COLLATERAL
COLLATERAL REGISTRATION
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENTS
COMMERCIAL BANK
COMMERCIAL BANK CREDIT
COMMERCIAL BANK LENDING
COMMERCIAL BANKS
COMMON PROPERTY
COMPETITIVE MARKET
CONFLICT OF INTEREST
CONSUMER CREDIT
CONSUMER PROTECTION
CONSUMPTION PATTERNS
CONTRACT ENFORCEMENT
CREDIT BUREAUS
CREDIT COOPERATIVES
CREDIT EXPANSION
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT HISTORIES
CREDIT INFORMATION
CREDIT INFORMATION SYSTEM
CREDIT INFORMATION SYSTEMS
CREDIT LINE
CREDIT MARKETS
CREDIT PROGRAMS
CREDIT REPORTING
CREDIT REPORTING SYSTEMS
CREDITOR
CREDITOR RIGHTS
CREDITORS
DEBT
DEBTOR
DEBTORS
DEMOGRAPHIC TRANSITION
DEPOSIT
DEPOSITORS
DEPOSITS
DEVELOPING COUNTRIES
DOMESTIC CREDIT
DOMESTIC MARKET
DOUBLE DIVIDEND
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC VALUE
ECONOMICS
ECONOMISTS
EFFLUENTS
EMERGING MARKET
EMERGING MARKET ECONOMIES
EMERGING MARKETS
EMISSIONS
EMPIRICAL EVIDENCE
ENERGY CONSUMPTION
ENERGY EFFICIENCY
ENVIRONMENTAL
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL PERFORMANCE
ENVIRONMENTS
EQUIPMENT
EQUITY MARKETS
EXPENDITURE
EXPENDITURES
EXTERNALITIES
FEDERAL BUDGET
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL SAVINGS
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL STABILITY
FINANCIAL SYSTEM
FISCAL BURDEN
FISCAL DISCIPLINE
FISCAL POLICY
FORESTRY
FRAUD
GLOBALIZATION
GOVERNMENT BONDS
GOVERNMENT POLICIES
GOVERNMENT SPENDING
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME SECURITIES
INCOME TAX
INCOME TAXES
INFORMATION SYSTEM
INFORMATION TECHNOLOGIES
INSTITUTIONAL INVESTORS
INSURANCE
INTERMEDIATE GOODS
INTERNATIONAL BANK
INTERNATIONAL FINANCE
INTERNATIONAL STANDARDS
INVESTMENT GRADE BORROWER
LABOR COSTS
LABOR FORCE
LABOR MARKET
LABOR MARKET FAILURES
LABOR MARKETS
LABOR PRODUCTIVITY
LAND USE
LEGAL FRAMEWORK
LEGAL IMPEDIMENT
LENDERS
LEVY
LIABILITY
LIQUIDATION
LOAN AMOUNT
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET COMPETITION
MARKET CONDITIONS
MARKET ECONOMIES
MARKET EFFICIENCY
MARKET FOR GOVERNMENT DEBT
MARKET REFORM
MATURITIES
MATURITY
MATURITY TRANSFORMATION
MOBILE PHONE
MOBILE PHONES
MONETARY FUND
MORTGAGE
MORTGAGE LOAN
MOVABLE ASSETS
MUTUAL FUNDS
NATURAL DISASTERS
NATURAL RESOURCES
NEGATIVE EXTERNALITIES
NOTARY
OIL
OIL RESERVES
OLD-AGE INCOME
PAYMENT SERVICES
PAYMENT SYSTEMS
PENSION
PENSION FUNDS
PENSION SYSTEM
PENSIONS
POLICY RESPONSES
POLITICAL ECONOMY
POLLUTION
POPULATION GROWTH
PRIVATE BOND
PRIVATE INVESTMENT
PRODUCTIVE INVESTMENTS
PRODUCTIVITY GROWTH
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC GOODS
PUBLIC SPENDING
PURCHASING POWER
REAL WAGES
REGISTRATION SYSTEM
REGISTRY SYSTEMS
REGULATORY BARRIERS
REGULATORY CONSTRAINTS
RESOURCE ALLOCATION
RESOURCE MANAGEMENT
RISK MANAGEMENT
SAFETY NETS
SECURITIES
SECURITY INTERESTS
SUSTAINABLE DEVELOPMENT
SUSTAINABLE GROWTH
TAX
TAX COLLECTION
TAX REGIMES
TAX REVENUE
TAX SYSTEM
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TIMBER
TRADEOFFS
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
UNEMPLOYMENT
UNSECURED CREDITS
WAGES
WASTE DISPOSAL
WATER POLLUTION
WITHDRAWAL
spellingShingle ACCESS TO BANK
ACCOUNTING
ACCOUNTING FRAMEWORK
ACCOUNTING STANDARDS
ADMINISTRATIVE PROCEDURES
ASYMMETRIC INFORMATION
AUCTIONS
BAILOUTS
BANK LOAN
BANKING SECTOR
BANKING SYSTEM
BARRIERS TO COMPETITION
BARRIERS TO ENTRY
BENEFICIARIES
BENEFICIARY
BINDING CONSTRAINT
BUDGETING
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CARBON
CARBON DIOXIDE
CASH PAYMENT
CLIMATE CHANGE
COLLATERAL
COLLATERAL REGISTRATION
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENTS
COMMERCIAL BANK
COMMERCIAL BANK CREDIT
COMMERCIAL BANK LENDING
COMMERCIAL BANKS
COMMON PROPERTY
COMPETITIVE MARKET
CONFLICT OF INTEREST
CONSUMER CREDIT
CONSUMER PROTECTION
CONSUMPTION PATTERNS
CONTRACT ENFORCEMENT
CREDIT BUREAUS
CREDIT COOPERATIVES
CREDIT EXPANSION
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT HISTORIES
CREDIT INFORMATION
CREDIT INFORMATION SYSTEM
CREDIT INFORMATION SYSTEMS
CREDIT LINE
CREDIT MARKETS
CREDIT PROGRAMS
CREDIT REPORTING
CREDIT REPORTING SYSTEMS
CREDITOR
CREDITOR RIGHTS
CREDITORS
DEBT
DEBTOR
DEBTORS
DEMOGRAPHIC TRANSITION
DEPOSIT
DEPOSITORS
DEPOSITS
DEVELOPING COUNTRIES
DOMESTIC CREDIT
DOMESTIC MARKET
DOUBLE DIVIDEND
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC VALUE
ECONOMICS
ECONOMISTS
EFFLUENTS
EMERGING MARKET
EMERGING MARKET ECONOMIES
EMERGING MARKETS
EMISSIONS
EMPIRICAL EVIDENCE
ENERGY CONSUMPTION
ENERGY EFFICIENCY
ENVIRONMENTAL
ENVIRONMENTAL DEGRADATION
ENVIRONMENTAL PERFORMANCE
ENVIRONMENTS
EQUIPMENT
EQUITY MARKETS
EXPENDITURE
EXPENDITURES
EXTERNALITIES
FEDERAL BUDGET
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL SAVINGS
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL STABILITY
FINANCIAL SYSTEM
FISCAL BURDEN
FISCAL DISCIPLINE
FISCAL POLICY
FORESTRY
FRAUD
GLOBALIZATION
GOVERNMENT BONDS
GOVERNMENT POLICIES
GOVERNMENT SPENDING
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME SECURITIES
INCOME TAX
INCOME TAXES
INFORMATION SYSTEM
INFORMATION TECHNOLOGIES
INSTITUTIONAL INVESTORS
INSURANCE
INTERMEDIATE GOODS
INTERNATIONAL BANK
INTERNATIONAL FINANCE
INTERNATIONAL STANDARDS
INVESTMENT GRADE BORROWER
LABOR COSTS
LABOR FORCE
LABOR MARKET
LABOR MARKET FAILURES
LABOR MARKETS
LABOR PRODUCTIVITY
LAND USE
LEGAL FRAMEWORK
LEGAL IMPEDIMENT
LENDERS
LEVY
LIABILITY
LIQUIDATION
LOAN AMOUNT
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET COMPETITION
MARKET CONDITIONS
MARKET ECONOMIES
MARKET EFFICIENCY
MARKET FOR GOVERNMENT DEBT
MARKET REFORM
MATURITIES
MATURITY
MATURITY TRANSFORMATION
MOBILE PHONE
MOBILE PHONES
MONETARY FUND
MORTGAGE
MORTGAGE LOAN
MOVABLE ASSETS
MUTUAL FUNDS
NATURAL DISASTERS
NATURAL RESOURCES
NEGATIVE EXTERNALITIES
NOTARY
OIL
OIL RESERVES
OLD-AGE INCOME
PAYMENT SERVICES
PAYMENT SYSTEMS
PENSION
PENSION FUNDS
PENSION SYSTEM
PENSIONS
POLICY RESPONSES
POLITICAL ECONOMY
POLLUTION
POPULATION GROWTH
PRIVATE BOND
PRIVATE INVESTMENT
PRODUCTIVE INVESTMENTS
PRODUCTIVITY GROWTH
PUBLIC DEBT
PUBLIC DEBT MANAGEMENT
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC GOODS
PUBLIC SPENDING
PURCHASING POWER
REAL WAGES
REGISTRATION SYSTEM
REGISTRY SYSTEMS
REGULATORY BARRIERS
REGULATORY CONSTRAINTS
RESOURCE ALLOCATION
RESOURCE MANAGEMENT
RISK MANAGEMENT
SAFETY NETS
SECURITIES
SECURITY INTERESTS
SUSTAINABLE DEVELOPMENT
SUSTAINABLE GROWTH
TAX
TAX COLLECTION
TAX REGIMES
TAX REVENUE
TAX SYSTEM
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TIMBER
TRADEOFFS
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
UNEMPLOYMENT
UNSECURED CREDITS
WAGES
WASTE DISPOSAL
WATER POLLUTION
WITHDRAWAL
World Bank
Mexico Policy Notes
geographic_facet Latin America & Caribbean
Mexico
description This note presents an overview of Mexico's forthcoming reform agenda-from the World Bank's vantage point. It distills the main messages in the policy notes that make up this compendium. The purpose is not to provide definitive answers to the many policy questions likely to occupy the New Mexican administration, or to provide a comprehensive account of progress to date and policy recommendations. Instead, it is to provide a view of the main challenges facing Mexico in its quest for inclusive and sustainable growth-and to propose feasible policy options to address them. Mexico has achieved remarkable economic and social progress over the past several decades. The country has become an investment grade borrower with solid global standing in capital markets. It is a model of financial and commercial integration and of prudent macroeconomic management. The economic literature offers several explanations for Mexico's low productivity growth. An underdeveloped financial system, labor market rigidities, high informality, scarce skilled labor, regulatory barriers for doing business, and weak innovation and limited market competition are often cited as binding constraints to productivity growth. Mexico faces challenges as it seeks to develop a labor market that protects workers, creates more and better jobs for men and women, and improve their long term standard of living. Finally, a comprehensive system for tracking and monitoring progress and environmental pressures needs to be developed.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Mexico Policy Notes
title_short Mexico Policy Notes
title_full Mexico Policy Notes
title_fullStr Mexico Policy Notes
title_full_unstemmed Mexico Policy Notes
title_sort mexico policy notes
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/05/17795614/united-mexican-states-policy-notes
http://hdl.handle.net/10986/16077
_version_ 1764431281300439040
spelling okr-10986-160772021-04-23T14:03:22Z Mexico Policy Notes World Bank ACCESS TO BANK ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING STANDARDS ADMINISTRATIVE PROCEDURES ASYMMETRIC INFORMATION AUCTIONS BAILOUTS BANK LOAN BANKING SECTOR BANKING SYSTEM BARRIERS TO COMPETITION BARRIERS TO ENTRY BENEFICIARIES BENEFICIARY BINDING CONSTRAINT BUDGETING CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CARBON CARBON DIOXIDE CASH PAYMENT CLIMATE CHANGE COLLATERAL COLLATERAL REGISTRATION COLLATERAL REGISTRIES COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANK CREDIT COMMERCIAL BANK LENDING COMMERCIAL BANKS COMMON PROPERTY COMPETITIVE MARKET CONFLICT OF INTEREST CONSUMER CREDIT CONSUMER PROTECTION CONSUMPTION PATTERNS CONTRACT ENFORCEMENT CREDIT BUREAUS CREDIT COOPERATIVES CREDIT EXPANSION CREDIT GUARANTEE CREDIT GUARANTEES CREDIT HISTORIES CREDIT INFORMATION CREDIT INFORMATION SYSTEM CREDIT INFORMATION SYSTEMS CREDIT LINE CREDIT MARKETS CREDIT PROGRAMS CREDIT REPORTING CREDIT REPORTING SYSTEMS CREDITOR CREDITOR RIGHTS CREDITORS DEBT DEBTOR DEBTORS DEMOGRAPHIC TRANSITION DEPOSIT DEPOSITORS DEPOSITS DEVELOPING COUNTRIES DOMESTIC CREDIT DOMESTIC MARKET DOUBLE DIVIDEND ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC VALUE ECONOMICS ECONOMISTS EFFLUENTS EMERGING MARKET EMERGING MARKET ECONOMIES EMERGING MARKETS EMISSIONS EMPIRICAL EVIDENCE ENERGY CONSUMPTION ENERGY EFFICIENCY ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL PERFORMANCE ENVIRONMENTS EQUIPMENT EQUITY MARKETS EXPENDITURE EXPENDITURES EXTERNALITIES FEDERAL BUDGET FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL SAVINGS FINANCIAL SECTOR DEVELOPMENT FINANCIAL STABILITY FINANCIAL SYSTEM FISCAL BURDEN FISCAL DISCIPLINE FISCAL POLICY FORESTRY FRAUD GLOBALIZATION GOVERNMENT BONDS GOVERNMENT POLICIES GOVERNMENT SPENDING HUMAN CAPITAL HUMAN DEVELOPMENT INCOME GROWTH INCOME INEQUALITY INCOME LEVELS INCOME SECURITIES INCOME TAX INCOME TAXES INFORMATION SYSTEM INFORMATION TECHNOLOGIES INSTITUTIONAL INVESTORS INSURANCE INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL STANDARDS INVESTMENT GRADE BORROWER LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKET FAILURES LABOR MARKETS LABOR PRODUCTIVITY LAND USE LEGAL FRAMEWORK LEGAL IMPEDIMENT LENDERS LEVY LIABILITY LIQUIDATION LOAN AMOUNT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILITY MARKET COMPETITION MARKET CONDITIONS MARKET ECONOMIES MARKET EFFICIENCY MARKET FOR GOVERNMENT DEBT MARKET REFORM MATURITIES MATURITY MATURITY TRANSFORMATION MOBILE PHONE MOBILE PHONES MONETARY FUND MORTGAGE MORTGAGE LOAN MOVABLE ASSETS MUTUAL FUNDS NATURAL DISASTERS NATURAL RESOURCES NEGATIVE EXTERNALITIES NOTARY OIL OIL RESERVES OLD-AGE INCOME PAYMENT SERVICES PAYMENT SYSTEMS PENSION PENSION FUNDS PENSION SYSTEM PENSIONS POLICY RESPONSES POLITICAL ECONOMY POLLUTION POPULATION GROWTH PRIVATE BOND PRIVATE INVESTMENT PRODUCTIVE INVESTMENTS PRODUCTIVITY GROWTH PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCES PUBLIC GOODS PUBLIC SPENDING PURCHASING POWER REAL WAGES REGISTRATION SYSTEM REGISTRY SYSTEMS REGULATORY BARRIERS REGULATORY CONSTRAINTS RESOURCE ALLOCATION RESOURCE MANAGEMENT RISK MANAGEMENT SAFETY NETS SECURITIES SECURITY INTERESTS SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TAX TAX COLLECTION TAX REGIMES TAX REVENUE TAX SYSTEM TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TIMBER TRADEOFFS TRANSACTION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT UNSECURED CREDITS WAGES WASTE DISPOSAL WATER POLLUTION WITHDRAWAL This note presents an overview of Mexico's forthcoming reform agenda-from the World Bank's vantage point. It distills the main messages in the policy notes that make up this compendium. The purpose is not to provide definitive answers to the many policy questions likely to occupy the New Mexican administration, or to provide a comprehensive account of progress to date and policy recommendations. Instead, it is to provide a view of the main challenges facing Mexico in its quest for inclusive and sustainable growth-and to propose feasible policy options to address them. Mexico has achieved remarkable economic and social progress over the past several decades. The country has become an investment grade borrower with solid global standing in capital markets. It is a model of financial and commercial integration and of prudent macroeconomic management. The economic literature offers several explanations for Mexico's low productivity growth. An underdeveloped financial system, labor market rigidities, high informality, scarce skilled labor, regulatory barriers for doing business, and weak innovation and limited market competition are often cited as binding constraints to productivity growth. Mexico faces challenges as it seeks to develop a labor market that protects workers, creates more and better jobs for men and women, and improve their long term standard of living. Finally, a comprehensive system for tracking and monitoring progress and environmental pressures needs to be developed. 2013-10-03T20:08:30Z 2013-10-03T20:08:30Z 2013-05 http://documents.worldbank.org/curated/en/2013/05/17795614/united-mexican-states-policy-notes http://hdl.handle.net/10986/16077 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Latin America & Caribbean Mexico