Publication:
Mexico Policy Notes

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2019-06-28T16:40:20Z
dc.date.available2019-06-28T16:40:20Z
dc.date.issued2019
dc.description.abstractMexico’s economy has grown moderately over the last quarter century, with annual per capita GDP growth averaging just 1.2 percent between 1990 and 2017. The country’s weak economic performance reflected a decline in productivity, which fell by 8 percent during that period. Mexico’s productivity challenges are associated with large and widening regional disparities and the misallocation of resources between sectors and firms. Large productive firms integrated with Global Value Chains have not developed backward linkages to the rest of the economy and lagging regions. Meanwhile, widespread labor and firm informality contributes to the misallocation of productive resources. Reversing the decline in productivity will require an integrated strategy encompassing multiple policy areas and sectors. This broad strategy should include strategies discussed in other policy notes: (i) alleviating rigidities and distortions in labor markets and improving access to credit; (ii) alleviating existing rigidities and obstacles to competition across sectors and sub-sectors while following through with the structural reforms enacted; (iii) designing and implementing effective interventions at the subnational levels to enhance both product and factor markets; (iv) dealing with the financing of social insurance schemes; and (iv) strengthening rule of law institutions at the federal and local levels. This note focuses on critical aspects of the diagnostic around the productivity dynamics in Mexico. It also links the aspects of the strategy above-highlighted to specific policy recommendations on other Policy Notes of this set given the cross-cutting nature of productivity growth. It also focuses on providing policy directions on: (i) strengthening institutions and programs working directly on the productivity agenda; (ii) selected sub-national interventions to ease the regulatory burden; and (iii) proposing a broad and integrated strategy for fostering formalization.en
dc.identifierhttp://documents.worldbank.org/curated/en/506521560766072079/Mexico-Policy-Notes
dc.identifier.doi10.1596/31989
dc.identifier.urihttps://hdl.handle.net/10986/31989
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPRODUCTIVITY
dc.subjectENERGY SECTOR REFORM
dc.subjectDIGITAL ECONOMY
dc.subjectFINANCIAL INCLUSION
dc.subjectLABOR POLICY
dc.subjectCOMPETITION POLICY
dc.subjectEDUCATION EQUITY
dc.subjectHEALTH SERVICE DELIVERY
dc.subjectSOCIAL ASSISTANCE
dc.subjectRESILIENT DEVELOPMENT
dc.subjectCLIMATE CHANGE
dc.subjectWATER RESOURCE MANAGEMENT
dc.subjectURBAN HOUSING
dc.subjectFISCAL SUSTAINABILITY
dc.subjectINEQUALITY
dc.subjectFEDERALISM
dc.titleMexico Policy Notesen
dc.typePolicy Noteen
dc.typeDocument de politique généralefr
dc.typeDocumento de políticases
dspace.entity.typePublication
okr.crossref.titleMexico Policy Notes
okr.date.disclosure2019-06-17
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/506521560766072079/Mexico-Policy-Notes
okr.guid506521560766072079
okr.identifier.doi10.1596/31989
okr.identifier.externaldocumentum090224b086ed1b0f_2_0
okr.identifier.internaldocumentum31157686
okr.identifier.report137884
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/506521560766072079/pdf/Mexico-Policy-Notes.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryMexico
okr.topicEnergy::Energy Conservation & Efficiency
okr.topicEnvironment::Adaptation to Climate Change
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Employment and Shared Growth
okr.topicPoverty Reduction::Inequality
okr.topicSocial Protections and Labor::Labor Policies
okr.unitLatin America and Caribbean (GMTLC)
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