OECD economic surveys Mexico 2019. Mexico 2019.
Mexico's robust macroeconomic policy framework has supported moderate growth despite several headwinds in recent years. However, low productivity growth has hindered Mexico's convergence to higher-income OECD countries and inequalities remain high. These factors call for a renewed strategy...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
OECD Publishing
[2019]
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| Colección: | OECD Economic surveys (Series)
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009703558506719 |
Tabla de Contenidos:
- Intro
- Basic Statistics of Mexico, 2017
- Executive summary
- Key policy insights
- A renewed strategy to boost growth and well-being is needed
- A robust macroeconomic policy framework underpins moderate growth
- Monetary policy remains tight in response to an upsurge in inflation
- The central bank is improving the quality of monetary policy communication
- The financial sector would benefit from more competition and inclusion
- Making progress in increasing competition and boosting financial inclusion Fiscal policy: Ensuring fiscal space to finance higher social and infrastructure spending
- Moving towards a growth- and equity-friendly tax mix
- Corporate Income Tax (CIT)
- Personal Income Tax (PIT)
- Value-added Tax (VAT)
- Tax administration
- Improving the quality of social spending
- Strengthening fiscal federalism
- Strengthening institutional quality and the rule of law
- The quality of Mexico's institutions is low
- The resourcing of key independent institutions has been significantly decreased Mexico's high level of impunity highlights issues with the security and justice systems
- An evidence-based approach to security with greater accountability is needed
- While reforms have been positive, significant issues remain in the justice system
- Establishing and implementing an integrated approach to anticorruption and integrity
- Effective climate mitigation policies can help move Mexico to a strong and sustainable growth path
- Mexico has supported climate change mitigation early and vigorously
- Progress in pricing would help reduce carbon emissions efficiently A near-term priority is to reduce coal use and boost renewable energy
- References
- Annex A. Recent policy reforms
- Annex B. Quantification of the impact of structural reforms
- Thematic chapter
- Annex A. Recent policy reforms
- Annex B. Quantification of the impact of structural reforms
- Thematic chapter
- Chapter 1. Boosting inclusive growth
- Boosting productivity and sharing the benefits of growth more widely to raise prosperity for all
- Informality is a major driver of resource misallocation Reducing informality by reducing barriers to entrepreneurship and streamlining regulatory procedures
- Improving employment protection regulations
- Reducing taxes on labour
- Monitoring and policy evaluation
- Raising educational outcomes to combat informality and boost human capital
- Educational attainment and outcomes are low
- Mexico has undertaken important efforts to raise educational attainment and outcomes
- The education system needs to do more to reach disadvantaged students and schools
- Shift resources towards compulsory education and ECEC
- Expand ECEC and increase quality.
