This review of Mexico identifies policy findings that the government of Mexico should consider to establish a “whole-of-government” culture for regulatory improvement policy.
The average worker in Mexico faced a tax burden on labour income (tax wedge) of 19.2% in 2013 compared with the OECD average of 35.9%. Mexico was ranked 32 of the 34 OECD member countries in this respect.
Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 14 to 16 April 2014, to attend and deliver remarks at the First High Level Meeting of the Global Partnership for Effective Development Co-operation. He also met with several senior officials and delivered a speech at the OECD Seminar on Health Policies in Mexico.
Mexico is upgrading itself, it is modernising its "operating system", generating a virtuous circle that places it amongst the most promising economies in the world. The structural reforms that the government of President Peña Nieto has promoted, together with a solid macroeconomic base, should in principle open up countless opportunities for the country's development, said OECD Secretary-General.
Following several years of modest growth, Mexico needs to adapt to new sources of growth to continue catching up with advanced economies.
Mexico demonstrated good resilience during the crisis, with growth in GDP per capita stronger over the 2006-2011 period than the earlier 5-year period.
El Acuerdo Marco de Cooperación entre el Gobierno de los Estados Unidos Mexicanos y la Organización para la Cooperación y el Desarrollo Económicos (OCDE) es producto y reflejo de un compromiso compartido: la construcción de un México exitoso e incluyent, según el Secretario General de 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.
Mr. Angel Gurría, Secretary-General of the OECD, will be in Mexico from 6 to 10 January 2014, to meet with Mr. Enrique Peña Nieto, President of Mexico, and members of his cabinet. He will also deliver remarks at the Conference “Mexico: the International Economic Context and the Importance of Structural Reforms” organised by the Instituto Tecnológico Autónomo de México (ITAM.
Individual country notes assessing how regions and cities contribute to national growth and the well-being of society.