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Mexico Systematic Country Diagnostic
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Systematic Country Diagnostics.
- World Bank e-Library.
- Systematic Country Diagnostics
- Language:
- English
- Subjects (All):
- Capital Flows.
- Capital Markets and Capital Flows.
- Energy.
- Energy and Environment.
- Finance and Financial Sector Development.
- Human Capital.
- Inequality.
- Poverty Reduction.
- Skills Development and Labor Force Training.
- Social Cohesion.
- Social Development.
- Social Inclusion and Institutions.
- Social Protections and Labor.
- Sustainability.
- Trade.
- Local Subjects:
- Capital Flows.
- Capital Markets and Capital Flows.
- Energy.
- Energy and Environment.
- Finance and Financial Sector Development.
- Human Capital.
- Inequality.
- Poverty Reduction.
- Skills Development and Labor Force Training.
- Social Cohesion.
- Social Development.
- Social Inclusion and Institutions.
- Social Protections and Labor.
- Sustainability.
- Trade.
- Place of Publication:
- Washington, D.C. : The World Bank, 2018.
- System Details:
- data file
- Summary:
- 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).
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