DEV Working Paper 281: Revisiting Political Budget Cycles in Latin America

This analysis highlights, from a governmental and political perspective, the need to avoid fiscal deteriorations around elections in Latin America.

Corrigendum - OECD Economic Surveys: Mexico 2009

Corrigendum on page 28, table 1.4.

Economic Survey of Mexico 2009: Overcoming the financial crisis and the macroeconomic downturn

Despite improved fundamentals, Mexico is hit hard by the financial crisis, being exposed to several simultaneous external shocks. A welcome, but weak, stimulus was passed for 2009, and policy will likely need to be supportive also in 2010.

Economic Survey of Mexico 2009: Managing the oil economy – can Mexico do it better?

Fiscal policy is highly dependent on volatile oil income. The balanced budget rule can create a bias for spending oil revenues as they are earned, especially as transfers to the stabilization funds are limited by caps at low levels. This can potentially lead to a pro-cyclical bias in fiscal policy. Revenues have also been lower than they could have, if gasoline prices had adjusted with international prices instead of a price smoothing

Economic Survey of Mexico 2009: Pedal to the metal: structural reforms to boost long-term growth and spur recovery from the crisis

While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been slow.

Policy Brief: Economic Survey of Mexico, 2009

Despite improved fundamentals, Mexico has not escaped the world economic recession. The global manufacturing downturn and the collapse of trade, notably with the United States, have depressed the real sector.Reduced availability of credit has started to bear on activity, although the financial sector has so far weathered the global crisis. Low oil prices are putting pressure on budget revenue, despite a welcome hedging this year. The

Also Available

List of Economic Surveys of Mexico

Summary of Economic Surveys: Mexico

Economic Survey of Mexico 2009

The 2009 Mexico Survey covers the impact of the economic crisis and policy response; management of oil revenues; improving efficiency of health and education spending; and how to boost longer-term ec

Economic Survey of Mexico 2009: Achieving higher performance: enhancing spending efficiency in health and education

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.

Learning for Jobs, OECD Reviews of Vocational Education and Training, Mexico

This review of Mexico assesses the main challenges faced by the VET system and presents an interconnected package of five policy recommendations. Each recommendation is described in terms of the challenge, the recommendation itself, supporting arguments, and issues of implementation.