Productivity growth has been flat, although there are signs of a pick-up. Key structural reforms, notably measures to foster competition in network industries and to facilitate access to credit, are expected to bolster business-sector capital formation and productivity. However, full implementation of reforms is essential, and a renewed push to boost anti-corruption efforts and to fight informality will help to make growth more inclusive.
Source: OECD June 2016 Economic Outlook database; OECD, Income Distribution and Poverty database; and OECD Secretariat calculations from EU-SILC – preliminary results.
Boosting Growth and Reducing Informality in Mexico, OECD Economics Department Working Paper, No. 1188, March 2015.
A Mandate for Mexico, The Wilson Center, 2015.
A Tale of Two Mexicos, McKinsey Global Institute, 2014.