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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.
This report documents procurement regulations and practices in Mexico's main electricity company (Comisión Federal de Electricidad) and makes policy recommendations in key procurement areas.
In parallel to a sweeping structural reform agenda, Mexico announced in 2013 a new approach to housing and urban policy. Calling for a more explicit qualitative focus on housing and the urban environment, the policy shift is a welcome development.
Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 6 to 9 January 2015 on an official visit, to present the OECD 2015 Economic Survey of Mexico alongside Mr. Luis Videgaray, Minister of Finance of Mexico.
The second progress report in the implementation of regulatory improvement actions shows a 52% progress for the Municipality of Hermosillo.
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After recording one of the strongest rates of growth in the OECD area (3.7%), economic growth in Mexico slowed down to 1.3% in 2013, and unemployment increased by 0.1 points (to 5.0% in Q2 2014). GDP growth is expected to return to rates of over 3% in 2014 and 2015, and unemployment is expected to decrease from 5.0% to 4.5% in Q4 2014.
The Municipality of Hermosillo in Mexico shows a 12% progress in the implementation of OECD recommendations to simplify formalities to boost entrepreneurship and create employment.
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
Mr. Angel Gurría, Secretary-General of the OECD, will be in Mexico, from 19 to 23 June 2014 to attend the Summit of the Pacific Alliance in Punta Mita and the Meeting of the OECD Global Parliamentary Network in Mexico city.
These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation.