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Improvements in the macroeconomic policy framework over the past two decades and prudent regulation of the financial system have contributed to reduce output volatility in Mexico relative to other OECD countries.
Ireland is recovering from an extremely large banking crisis born of over-exuberant property lending. The government has taken a wide range of measures to tackle the crisis over the past 3 years.
With slow growth and high inequality Mexico needs investments in infrastructure, education and social policies. Mexico has increased spending in all of these areas.
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Economic and Development Review Committee (EDRC)
Brazil under-invested in infrastructure for over three decades, and infrastructure investment rates have come up only slowly since 2007. Infrastructure needs are sizeable in almost all sectors.
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation.
This paper seeks to identify factors explaining the appreciation of the Brazilian real observed since 2003, which was temporarily interrupted only during episodes of financial turbulence.
A economia brasileira tem e recuperado rapidamente da crise económica global, mas reformas mais amplas são necessárias para estimular o crescimento no longo prazo, dinamizar os investimentos e reduzir ainda mais a pobreza, segundo o mais recente estudo económico realizado pela OCDE sobre o Brasil
This paper identifies refinements to the macroeconomic framework that will help Brazil to achieve strong performance in a new environment.
Mexico has a relatively large informal sector by OECD standards.