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Increasing productivity levels in small enterprises holds the potential to revive productivity growth and reduce income inequalities.
Mexico's macroeconomic fundamentals are solid and well administered, monetary policy is appropriate and independent and is handled in a responsible way, and the reforms are beginning to show results. Mexico is improving its capacity for growth from within. But much remains to be done to transform these reforms into inclusive growth. Much more must be done to end poverty.
Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.
Ambitious structural reforms and sound macroeconomic policies have ensured the resilience of the highly-open Mexican economy in the face of challenging global conditions.
Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.
This review assesses the Mexican pension system according to the OECD best practices and guidelines, and draws on international experiences and examples to make recommendations on how to improve it. It provides an international perspective on Mexico’s retirement income provision and a short and focused review of the Mexican pension system. The review covers all components of the pension system: public and private pension provision for public and private-sector workers. It provides recommendations, using OECD’s best practices in pension design, on how to improve the Mexican pension system and thus ameliorate the retirement income that people may receive from the pension system.
Improvements in health, access to basic services and housing have contributed most to raising standards of living of Mexicans over the past 15 years but further advances are needed to bring well-being indicators closer to the average of OECD countries, according to a new report.
This report provides an overview of frameworks and experience in Latin America and internationally in dealing with the challenges associated with corporate governance of company groups. It describes their economic rationale, benefits and relevance in Latin America, and how they are defined, overseen and regulated. It also delves into some of the risks and more specific challenges involved in ensuring protection of minority shareholder rights and managing or minimising conflicts of interest within groups. It notes the rising importance of Latin American-based multinational company groups. Finally, it reviews existing international and regional guidance on corporate governance of company groups before assessing the more specific policy options and challenges in the region, and describing the conclusions reached by the Latin American Corporate Governance Roundtable and Task Force on Company Groups based on this report’s findings. Country-specific chapters provide more specific descriptions of the frameworks in place for corporate governance of company groups in Argentina, Brazil, Chile, Colombia, Mexico and Peru.
Bienvenidos a este primer Diálogo Global sobre el Futuro de la Productividad. Me da mucho gusto poder lanzar esta iniciativa, en colaboración con el Gobierno de México y con la participación del Secretario de Hacienda de nuestro país, Luis Videgaray, así como de Enrique Iglesias, una de las personas que más ha luchado por mejorar la productividad de América Latina.
Luis Videgaray, Mexico’s Minister of Finance and Angel Gurría, OECD Secretary-General will co-host this event in Mexico City on 6-7 July 2015, with a welcoming by the President of Mexico. Participants will share their views on the key factors that will influence future productivity growth and the creation of an OECD Productivity Network.