Mexico : 1997-1998 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development Staff, Corporate Author.

Contributor:

Organisation for Economic Co-operation and Development, contributor.

Series:

OECD Economic surveys (Series)

OECD Economic Surveys

Language:

English

Subjects (All):

Economic history.

Mexico--Economic conditions.

Mexico.

Mexico--Economic policy.

Physical Description:

1 online resource (162 pages).

Edition:

1st ed.

Place of Publication:

Paris : OECD Publishing, [1998]

Language Note:

English

Summary:

Assessment and recommendations I. Recent trends and short-term prospects -The current economic cycle in perspective -The recovery is becoming more broadly-based -Labour market trends improve -Disinflation continues -Normalisation of the external position -The short-term outlook II. Economic policies -Introduction -Monetary policy and financial market developments -Fiscal Policy -A medium-term policy framework: PRONAFIDE 1997-261 III. Implementing structural reform: a review of progress -Labour markets and related issues -The new pension system -Removing barriers to private initiative -Regulatory and administrative reforms -Issues and developments in the banking sector IV. The reform of the Mexican health care system -The provision of health care: a segmented system -Main problems under the pre-reform system -The reform of the health care system -Regulatory framework and arbitration -Assessment of current reform efforts and what needs to be done Bibliography Annex -Calendar of main economic events Statistical annex and structural indicators.

Contents:

Intro

Table of contents

Assessment and recommendations

I. Recent trends and short-term prospects

Figure 1. KEY ASPECTS OF ECONOMIC ACTIVITY

The current economic cycle in perspective

Table 1. Demand and output

Figure 2. COMPARISON OF TWO CYCLES

The recovery is becoming more broadly-based

Figure 3. CONTRIBUTIONS TO REAL GDP GROWTH

Table 2. Indicators of investment activity

Table 3. Aggregate saving and investment

Labour market trends improve

Table 4. Labour market indicators

Figure 4. UNEMPLOYMENT IN URBAN AREAS

Disinflation continues

Figure 5. REAL WAGES, LABOUR PRODUCTIVITY AND PRICE TRENDS

Figure 6. MEXICO'S RELATIVE COMPETITIVE POSITION

Normalisation of the external position

Table 5. Balance of payments, current account

Figure 7. FOREIGN TRADE, CURRENT ACCOUNT AND EXPORT PERFORMANCE

Trade flows and the current account

Capital transactions

Table 6. Balance of payments, capital account

The short-term outlook

Table 7. Short-term projections

II. Economic policies

Introduction

Monetary policy and financial market developments

The monetary policy framework

Instruments and targets

Box 1. The central bank's foreign exchange transactions

The 1996 and 1997 monetary programmes

Table 8. Monetary programmes, 1996-97: targets and outcomes

1996 outcomes

Trends in 1997

Figure 8. RECENT EVOLUTION IN BASE MONEY AND IN INTERNATIONAL ASSETS OF THE CENTRAL BANK

Financial market developments since 1996

Monetary and credit aggregates

Figure 9. MONETARY AGGREGATES

Table 9. Bank lending and financial savings

Trends in interest rates, exchange rates and capital inflows

Figure 10. REAL RETURNS ON INDEXED BONDS AND MONEY MARKET INSTRUMENTS

Figure 11. DEVELOPMENTS IN FOREIGN EXCHANGE AND MONEY MARKETS

Challenges facing monetary policy.

Generating a balanced recovery and minimising downside risks

Sustaining the disinflation momentum

Meeting the challenge of capital inflows and exchange rate overshooting

Fiscal Policy

Budgetary developments in 1996

Table 10. Public sector financial accounts: budget and outturn

Figure 12. BUDGET INDICATORS

Table 11. Federal government budget

Table 12. Public enterprises under budgetary control: financial accounts

The 1997 Budget

Debt management

A medium-term policy framework: PRONAFIDE 1997-2000

Main elements of the programme

Table 13. The government's medium-term scenario

Evaluation

III. Implementing structural reform: a review of progress

Table 14. Implementing the OECD jobs strategy - an overview

Labour markets and related issues

Table 15. Active labour market policies

The new pension system

Box 2. Main features of the individual pension accounts

Table 16. The pension system after the IMSS reform

Removing barriers to private initiative

Regulatory and administrative reforms

Figure 13. TAX/GDP RATIOS AND GDP PER CAPITA,1995-96

Issues and developments in the banking sector

Banks' position improves

Table 17. Banking system indicators

Support programmes to banks and debtors

Table 18. Assets and loans held by banks and by FOBAPROA

Box 3. FOBAPROA asset purchases from banks

Table 19. Fiscal cost of support programmes for banks and debtors

Entry of new players and an expanded foreign presence

IV. The reform of the Mexican health care system

Figure 14. HEALTH OUTCOMES: INTERNATIONAL COMPARISON

Figure 15. HEALTH STATUS BY REGIONS, 1994

The provision of heath care: a segmented system

Box 4. Organisation of Mexican health care

Figure 16. THE MEXICAN HEALTH CARE SYSTEM

Main problems under the pre-reform system

Inequity.

Figure 17. PER CAPITA SPENDING BY PUBLIC HEALTH CARE INSTITUTIONS

Table 20. Health care resources in eight selected states of Mexico

Low quality services and inefficiency

Box 5. Financing health care

Figure 18. HEALTH EXPENDITURE AND GDP PER CAPITA

Figure 19. ALLOCATION OF HEALTH CARE BUDGET BY PROGRAMME

The reform of the health care system

Figure 20. THE MEXICAN HEALTH CARE SYSTEM: REFORM PROPOSAL

Health care reform in the IMSS

Box 6. Reform of IMSS health fund financing

Figure 21. REFORM OF IMSS HEALTH INSURANCE FINANCING

Ministry of Health decentralisation

Extension of coverage

Regulatory framework and arbitration

Assessment of current reform efforts and what needs to be done

Package of basic services for the extremely poor

Reform of the IMSS financing and membership rules

The "opting-out"facility

Decentralisation of IMSS and SSA

Reducing inequity in resource allocation among states

What remains to be done

Notes

Bibliography

Annex. Calendar of main economic events

STATISTICAL ANNEX AND STRUCTURAL INDICATORS

Table A. Selected background statistics

Table B. Gross domestic product and expenditure

Table C. Gross domestic product and expenditure

Table D. Gross domestic product by industry of origin

Table E. Cost components of GDP

Table F. Prices and real wages

Table G. Federal government revenue and expenditure

Table H. Public enterprises under budgetary control: revenue and expenditure

Table I. Summary of the financial system

Table J. Balance of payments

Table K. Foreign trade by commodity group

Table L. Foreign trade by area

Table M. Production structure and performance indicators

Table N. Labour market indicators

BASIC STATISTICS: INTERNATIONAL COMPARISONS

BASIC STATISTICS: INTERNATIONAL COMPARISONS.

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

MAIN SALES OUTLETS OF OECD PUBLICATIONS / PRINCIPAUX POINTS DE VENTE DES PUBLICATIONS DE L'OCDE

BOXES

TABLES

FIGURES

Figure 6. MEXICO'S RELATIVE COMPETITIVE POSITION.

Figure 7. FOREIGN TRADE, CURRENT ACCOUNT AND EXPORT PERFORMANCE

Figure 17. PER CAPITA SPENDING BY PUBLIC HEALTH CARE INSTITUTIONS

Figure 21. REFORM OF IMSS HEALTH INSURANCE FINANCING.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-15134-6

OCLC:

1225545395