Mexico 2006-2012 : Creating the Foundations for Equitable Growth

Mexico 2006-2012 : Creating the Foundations for Equitable Growth

The chapters, or "policy notes," of this report, creating the foundations for equitable growth in Mexico 2006-2012, are dedicated to trying to solve parts of the puzzle as to why Mexico's level of economic development has failed to a...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCESS TO CREDIT ACCESS TO INFORMATION ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADULT EDUCATION ADULT EDUCATION PROGRAM AIR POLLUTION AIR POLLUTION CONTROL AQUIFERS BASIC PENSION BASIC SOCIAL SERVICES BENEFICIARIES BONDS BORROWER BUSINESS CLIMATE CALCULATIONS CAPITAL EXPENDITURES CHECKS CLIMATE CHANGE COMMERCIAL BANKS CONTRIBUTION CONTRIBUTION SCHEME CONTRIBUTIONS COST OF LABOR CREDIT BUREAUS CREDIT RATING CULTURAL TRADITION CURRENT EXPENDITURE DEBT DECISION MAKING DEVELOPING COUNTRIES DEVELOPMENT EXPENDITURE DISSEMINATION DIVERSIFICATION DOMESTIC CREDIT EARLY CHILDHOOD EARNINGS ECONOMIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC COST ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC MANAGEMENT ECONOMIC OPPORTUNITIES ECONOMIC POLICIES ECONOMIC PROGRESS ECONOMISTS EDUCATION PROGRAMS EDUCATIONAL ATTAINMENT EFFECTIVE USE ELDERLY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EMPLOYEE PENSION EMPLOYEE PENSIONS ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PROBLEM EQUILIBRIUM EXPENDITURES EXPLOITATION EXTENSION SERVICE EXTENSION SYSTEMS FINANCES FINANCIAL CRISIS FINANCIAL MARKETS FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SUSTAINABILITY FINANCIAL SYSTEM FISCAL SUSTAINABILITY FOREIGN CURRENCY FUTURE EARNINGS GOVERNMENT EXPENDITURES GREENHOUSE GASES GROSS NATIONAL INCOME GROUNDWATER HEALTH CARE HEALTH CARE SYSTEM HEALTH INSURANCE HOUSEHOLD INCOME HUMAN CAPITAL HUMAN WELFARE IMPORTS INCOME INCOME LEVELS INCOMES INDEBTEDNESS INDIGENOUS GROUPS INDIGENOUS PEOPLES INFANT INFANT MORTALITY INFANT MORTALITY RATE INFLATION INFRASTRUCTURE INVESTMENT INSTITUTIONAL CHANGE INSURANCE INTEREST RATES INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT DECISIONS JOB CREATION JOB OPPORTUNITIES LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LACK OF INFORMATION LAND USE LEGAL STATUS LEGISLATION LIFE EXPECTANCY LIVE BIRTHS LIVING STANDARDS LOW INCOME MACROECONOMIC STABILITY MARKET DISTORTIONS MONETARY POLICY MONOPOLIES NATIONAL INCOME NATURAL GAS NATURAL RESOURCE NATURAL RESOURCES OIL OIL EQUIVALENT OIL PRICES OIL RESERVES OIL SECTOR OLD AGE OLD-AGE PATENTS PENSION PENSION BENEFITS PENSION COVERAGE PENSION REFORM PENSION RIGHTS PENSION SYSTEM PENSION SYSTEMS PENSIONS POLICY DECISIONS POLICY MAKERS POLITICAL PARTIES POLITICAL PARTY POLLUTION REGULATION POOR FAMILIES POPULATION PRESSURES POVERTY RATE POVERTY RATES POVERTY REDUCTION PRIVATE INVESTMENT PRODUCERS PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY LOSSES PROGRESS PROVEN OIL RESERVES PROVEN RESERVES PUBLIC DEBATE PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC INVESTMENT PUBLIC SERVICE PURCHASING POWER PURCHASING POWER PARITY QUALITY OF EDUCATION REAL WAGES REMITTANCES RESOURCE CONSERVATION RESOURCE MANAGEMENT RESOURCE USE RESOURCES MANAGEMENT RESPONSIBILITIES RETIREMENT RETIREMENT AGE RURAL AREAS RURAL DEVELOPMENT RURAL POVERTY SALES SANITATION SAVINGS SAVINGS ACCOUNT SCHOOL YEAR SECONDARY SCHOOL SECONDARY SCHOOL STUDENTS SECURITIES SELF-EMPLOYMENT SERVICE DELIVERY SOCIAL ASSISTANCE SOCIAL CONDITIONS SOCIAL INSURANCE SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SOURCES OF INCOME STAKEHOLDERS START-UP COST STREAMS SUPPORT PROGRAMS SUSTAINABLE DEVELOPMENT SUSTAINABLE USE SUSTAINABLE WATER TAX REFORM TAX REVENUE TAXATION TEMPORARY EMPLOYMENT TERTIARY EDUCATION TRANSPORTATION UNIONS URBAN AREAS WAGE WAGE COSTS WAGES WASTE MANAGEMENT WATER RESOURCES WETLANDS WITHDRAWAL YOUNG ADULTS
Online Access:	http://documents.worldbank.org/curated/en/2007/06/8358796/mexico-2006-2012-creating-foundations-equitable-growth http://hdl.handle.net/10986/6858

Description
Summary:	The chapters, or "policy notes," of this report, creating the foundations for equitable growth in Mexico 2006-2012, are dedicated to trying to solve parts of the puzzle as to why Mexico's level of economic development has failed to approach the level of its NAFTA trading partners, or the level of a typical OECD member state. Each chapter of this new report uses the 2000 policy notes as a reference. In this report, the authors have tried to be selective on the issues, and they explored multi-sector issues by joining themes such as education and labor markets in one chapter, or health and old age security in a single chapter. In this overview, the authors set the stage by outlining the common themes and messages that emerge from the eleven chapters of this report. There are three themes that are highlighted: 1) Mexico can do better; 2) Mexico is between two worlds and there are two worlds within Mexico. Mexico's standards of living, human and physical capital and institutions are all quite advanced compared to low income countries or compared to lower middle income countries in Latin America. On the other hand, Mexico lags far behind OECD averages. Within Mexico, there is a further dichotomy due to the high degree of inequality across individuals and across regions; 3) Policies for equitable growth are the answer. In the chapters of this report, it is emphasized that institutional change is the key to improving the regulation and performance of both the public and private sectors. The authors also highlight that restructuring government spending in a variety of sectors-in particular, establishing a more progressive allocation of spending-would be the key to initiating a phase of more growth and more equitable growth. Finally, they note that despite progress in improving economic and environmental stability in Mexico, there is still a remaining agenda of reform to assure sustainability.

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