Mexico: Staff Report for the 2011 Article IV Consultation

August 8, 2011

Preview Citation

Format: Chicago

Mexico: Staff Report for the 2011 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Summary

Strong fundamentals and a policy track record helped Mexico to withstand the fallout from the global crisis and aided recovery. The policy challenges have to take due account of significant global uncertainty, employment generation, and long-term fiscal reforms. The economy will benefit from rebuilding fiscal policy buffers over the medium-term. The flexible exchange rate regime has helped Mexico. The long-term challenges include declining oil reserves relative to GDP and population aging. Advancing structural reforms to increase productivity and promote investment will help in increasing the growth potential.

Subject: Banking, External debt, Financial crises, Inflation, Prices, Public debt, Real interest rates, Revenue administration

Keywords: CR, Credit growth, Debt ratio, Debt stock, Debt-creating flow, Global, Inflation, ISCR, Maturity ladder, Mexico, Mexico's sound public sector, Private sector balance sheets, Real GDP, Sustainability framework

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/250
Stock No:

1MEXEA2011003
ISBN:

9781462325429
ISSN:

1934-7685

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