Mexico has a relatively large informal sector by OECD standards.
This seminar brings together policy makers from Latin America and economists from academia, international organisations and the private sector to discuss policies that would help Latin American countries to strengthen their growth potential.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
In vista de sus fuertes vínculos comerciales, de inversión, de migración y financieros con el resto del mundo, América Latina no se ha escapado de la crisis global y se espera una contracción del PIB de la región de entre 1.5% y 2% en 2009, segun el Secretario general de la OCDE.
As a region with strong trade, investment, migration and financial links with the rest of the world, Latin America has not escaped the global crisis and its GDP is expected to contract between 1.5% and 2% in 2009, according to the OECD Secretary-General.
Economic forecasts for GDP, unemployment, inflation and fiscal balance.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
Despite progress over the past two decades Mexico’s health and education indicators remain well below the average of the OECD and some of its Latin American emerging market peers.
The OECD’s latest economic survey of Mexico, to be published on Thursday 30 July 2009, looks at the challenges posed by the global economic crisis. It also discusses longer-term reform in areas such as health and education.
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External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.