The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability.
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.
Mexico now has the chance to dramatically boost growth rates and resume convergence of its living standards towards those of advanced economies, reduce pervasive labour market informality and drive down high rates of poverty and income inequality.
México ha logrado reducir, en gran medida y a una velocidad notable, el déficit cuantitativo de vivienda del país. La adopción e implementación de una política de vivienda más flexible y el fortalecimiento de la política nacional de desarrollo urbano le permitirían beneficiarse del crecimiento económico y sustentable de las ciudades, afirma la OCDE.
Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end.
The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.
After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.
Mexico enfrenta una amplia variedad de amenazas naturales de manera regular, las cuales incluyen sismos, tormentas tropicales e inundaciones. A través de los años, el Sistema Nacional de Protección Civil ha mejora sus medidas de preparación tanto insituticonales como operacionales para el manejo de eventos perturbadores.
Mexico regularly faces a wide range of natural hazards, including earthquakes, tropical storms and floods. Over the years, the National Civil Protection System has improved its institutional and operational preparedness to manage these disruptive events. But more can be done to avoid future losses and at the same time support sustainable economic development.
Mexico is faced with difficult trade-offs as it pursues its economic, social and environmental goals. Like other emerging economies Mexico is balancing the need to protect its natural resources with the need to address high levels of income inequality and poverty.