Mexico Systematic Country Diagnostic

The development process in Mexico has been partly framed by a set of defining characteristics as well as by significant economic reforms during recent decades. The country has established a strong track record of prudent macroeconomic policies. The...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/588351544812277321/Mexico-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/31130
id okr-10986-31130
recordtype oai_dc
spelling okr-10986-311302021-09-17T05:11:10Z Mexico Systematic Country Diagnostic World Bank Group GROWTH DYNAMICS POVERTY REDUCTION SHARED PROSPERITY INCLUSION SUSTAINABILITY TRADE CAPITAL FLOWS REGIONAL INTEGRATION PRODUCTIVITY GROWTH HUMAN CAPITAL AGRICULTURAL INVESTMENT FORESTRY SOCIAL COHESION ENVIRONMENTAL SUSTAINABILITY INCLUSIVE GROWTH LEGAL INSTITUTIONS TAXATION PUBLIC EXPENDITURE PUBLIC INVESTMENT MANAGEMENT The development process in Mexico has been partly framed by a set of defining characteristics as well as by significant economic reforms during recent decades. The country has established a strong track record of prudent macroeconomic policies. The Central Bank and the Ministry of Finance have delivered stable and sustainable monetary and fiscal policies, and garnered high credibility in international markets. Successive governments have implemented a broad set of reforms that have opened the economy to trade and liberalized domestic markets. In the social sectors, Mexico has led the way among emerging and developing economies in reshaping social protection, health care, and education policies. These reforms have helped transform the country over the last 30 years. Aside from reforms and policies that have improved outcomes, Mexico has, at least, three key defining characteristics: (1) a privileged geography, (2) abundant natural capital, and (3) a democracy that has allowed the emergence of more political parties over the last 20 years. These factors have each partly shaped the country’s development and delivered significant economic and social outcomes. Yet, the question remains: how can Mexico grow more rapidly and become more inclusive along its development path? These are the central issues covered in this systematic country diagnostic (SCD). 2019-01-09T18:28:45Z 2019-01-09T18:28:45Z 2018-11-30 Report http://documents.worldbank.org/curated/en/588351544812277321/Mexico-Systematic-Country-Diagnostic http://hdl.handle.net/10986/31130 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Systematic Country Diagnostic Latin America & Caribbean Mexico
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GROWTH DYNAMICS
POVERTY REDUCTION
SHARED PROSPERITY
INCLUSION
SUSTAINABILITY
TRADE
CAPITAL FLOWS
REGIONAL INTEGRATION
PRODUCTIVITY GROWTH
HUMAN CAPITAL
AGRICULTURAL INVESTMENT
FORESTRY
SOCIAL COHESION
ENVIRONMENTAL SUSTAINABILITY
INCLUSIVE GROWTH
LEGAL INSTITUTIONS
TAXATION
PUBLIC EXPENDITURE
PUBLIC INVESTMENT MANAGEMENT
spellingShingle GROWTH DYNAMICS
POVERTY REDUCTION
SHARED PROSPERITY
INCLUSION
SUSTAINABILITY
TRADE
CAPITAL FLOWS
REGIONAL INTEGRATION
PRODUCTIVITY GROWTH
HUMAN CAPITAL
AGRICULTURAL INVESTMENT
FORESTRY
SOCIAL COHESION
ENVIRONMENTAL SUSTAINABILITY
INCLUSIVE GROWTH
LEGAL INSTITUTIONS
TAXATION
PUBLIC EXPENDITURE
PUBLIC INVESTMENT MANAGEMENT
World Bank Group
Mexico Systematic Country Diagnostic
geographic_facet Latin America & Caribbean
Mexico
description The development process in Mexico has been partly framed by a set of defining characteristics as well as by significant economic reforms during recent decades. The country has established a strong track record of prudent macroeconomic policies. The Central Bank and the Ministry of Finance have delivered stable and sustainable monetary and fiscal policies, and garnered high credibility in international markets. Successive governments have implemented a broad set of reforms that have opened the economy to trade and liberalized domestic markets. In the social sectors, Mexico has led the way among emerging and developing economies in reshaping social protection, health care, and education policies. These reforms have helped transform the country over the last 30 years. Aside from reforms and policies that have improved outcomes, Mexico has, at least, three key defining characteristics: (1) a privileged geography, (2) abundant natural capital, and (3) a democracy that has allowed the emergence of more political parties over the last 20 years. These factors have each partly shaped the country’s development and delivered significant economic and social outcomes. Yet, the question remains: how can Mexico grow more rapidly and become more inclusive along its development path? These are the central issues covered in this systematic country diagnostic (SCD).
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Mexico Systematic Country Diagnostic
title_short Mexico Systematic Country Diagnostic
title_full Mexico Systematic Country Diagnostic
title_fullStr Mexico Systematic Country Diagnostic
title_full_unstemmed Mexico Systematic Country Diagnostic
title_sort mexico systematic country diagnostic
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/588351544812277321/Mexico-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/31130
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