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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Mexico increased by 0.3 percentage points from 16.2% in 2018 to 16.5% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.
The School organises specialised courses on socio-economic development and creates an international platform to exchange experiences and knowledge between public officers and practitioners from Latin America and the Caribbean that deals with cooperation and local development issues.
The economic repercussions are stark. Global GDP will decline by 4.5% this year, and while we estimate that the global economy will pick up by an average rate of around 5% in 2021, many OECD countries will not return to their pre-crisis growth rates until the end of 2021 or in 2022.
The Secretary-General took part in the panel on Economy with Ms. Alicia Bárcena, Executive Secretary of ECLAC, and with Ms. Rebeca Grynspan, Secretary-General of the SEGIB.
Esta guía proporciona recomendaciones concretas de reformas de alto impacto que pueden ser implementadas en el corto plazo.
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Employment in Mexico is projected to decline only marginally in 2020 and return to pre-crisis levels by the second quarter of 2021. Yet, while still small compared to other OECD countries, the forecasted increase in unemployment rate is significant and above the levels of the 2009 global financial crisis. Without a second wave, the Mexican unemployment rate is projected to peak at 7.2% in Q2 2020, falling back to 5.9% at the end of 2021