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As Mexico seeks to boost economic growth, pressures on its natural resources and environmental outcomes
may intensify, jeopardizing the sustainability of that growth and the well-being of the population.
Mexico has achieved a high degree of decentralisation in public services, but the Mexican fiscal
federal system has important shortcomings. States and municipalities have become heavily dependent on
federal transfers to finance a growing share of public spending.
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Fiscal policy plays an essential role in reducing income inequality in OECD countries while this effect tends to be lower in Latin American economies. This paper adds to the discussion by looking at the issue from a tax-benefit analysis perspective; namely by estimating the impact of the welfare system on the different income groups in Chile and Mexico.
Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously.
Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size.
This paper evaluates the loss in consumer surplus caused by the low degree of competition in the Mexican telecommunication sector which results in relatively high prices, and also leads to lower levels of consumption across the range of telecommunication services.
Improvements in the macroeconomic policy framework over the past two decades and prudent regulation of the financial system have contributed to reduce output volatility in Mexico relative to other OECD countries.
With slow growth and high inequality Mexico needs investments in infrastructure, education and social policies. Mexico has increased spending in all of these areas.
This paper proposes a framework to help policymakers think about how best develop a national strategy to hedge against the massive economic burden of extreme events that could hit their country tomorrow, focusing specifically on the role that risk transfer mechanisms alternative to traditional insurance can play.
This working paper reviews 10 in–depth case studies of urban projects proposed and operating within the realm of Joint Implementation (JI) and the Clean Development Mechanism (CDM) of the Kyoto Protocol. Environment Working Paper No. 29.