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.

Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax system, among many, and implementation has started in earnest.

As in other countries, in Mexico income, education, health, job status and other individual characteristics are significantly associated with life satisfaction. These findings suggest that the higher average level of life satisfaction in Mexico is probably related to unobserved country characteristics.

The government has introduced major structural reforms to fight poverty, improve the quality of education, create more jobs in the formal sector and move towards a universal social security system. This is a substantial accomplishment. However, Mexico needs to build a more inclusive state.

This paper examines the use of two forms of non-standard work contracts in Russia with data from an enterprise survey for the years 2009 to 2011. Non-standard work contracts are less costly and more flexible for employers. Internal adjustment in form of wage cuts or unpaid leave is not covered by the Labour Code and earlier practices to impose such measures are less tolerated.

This survey highlights the key results of the empirical literature concerning the costs of flexibility-enhancing reforms in product and labour markets.

A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to £ 2200 per household. The OECD states that such costs are already piling up in a new study released today.

Leaving Europe would impose a "Brexit tax" on generations to come. Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit, said OECD Secretary-General in London.

Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment.

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.

A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement?

What happens to workers who lose their jobs due to firm exit – how quickly are they re-employed and what are the policies that can aid this process?

Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.

The government has rolled out major structural reforms since 2012 aimed at improving growth, well-being and income distribution. The initial wave of reforms, kicked-off by the multi-partisan political commitments in the Pacto por México, led to notable progress across a range of areas and put Mexico at the forefront of reformers among OECD countries.

Mexico’s structural reforms are already boosting productivity, but more can be done.

The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance.

Financial inclusion and women entrepreneurship concern policymakers because of their impact on job creation, economic growth and women empowerment.

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.

Ahead of the referendum on Brexit, the OECD was anticipating a significant decrease in economic growth if the decision to leave the EU were taken (Kierzenkowski et al., 2016). As the UK economy has started to slow down, OECD projections remain remarkably valid so far.

The Irish economy is recovering robustly. Business investment by local firms has picked up, household consumption is reviving while the boost to jobs and a rapidly declining unemployment rate have led to strong wage growth in a number of sectors, says a new OECD report.

The Netherlands is likely to be one of the European countries that is going to be significantly affected by the United Kingdom’s planned departure from the European Union (Brexit).

Imports in Mexico increased to 35007.17 USD Million in March from 33723.76 USD Million in February of 2020. Imports in Mexico averaged 15031.89 USD Million from 1980 until 2020, reaching an all time high of 44290.89 USD Million in October of 2018 and a record low of 647.02 USD Million in January of 1983. Mexico mainly imports manufactured products (87 percent of total purchases), namely metallic products, machinery and equipment (53 percent), of which automotive (13 percent); electrical and electronic appliances (20 percent); and special equipment for miscellaneous industries (15 percent). Oil products represent 10 percent of total imports, especially oil derivatives and petrochemicals. Agricultural goods account for 3 percent. Main import partners are: the United States (46 percent of total purchases), China (18 percent), Japan, Germany and South Korea (4 percent each). Main imports from the United States are: other parts and accessories of vehicles (8 percent of total imports); electric apparatus (7 percent); petroleum products (6 percent) and computer accessories (6 percent). This page provides the latest reported value for - Mexico Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Mexico increased 3.50 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Mexico averaged 23.43 percent from 1983 until 2020, reaching an all time high of 176.90 percent in February of 1988 and a record low of 2.30 percent in August of 2015. In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Mexico Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This note describes the taxation of energy use in Brazil. It contains the country’s energy tax profiles, followed by country-specific information to complement the general discussion in Taxing Energy Use 2018 (OECD, 2018).

This country note explains how Brazil taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

This working paper offers an evaluation of the performance of the ports of the Seine Axis (Le Havre,Rouen, Caen and Paris).

This book examines the gains that might be made by a territorial approach to policymaking that integrates sectoral policies, fosters value-added in rural activities, and links SME-development and FDI-attraction policies as well as innovation capacities and applications.

This Guide provides concrete recommendations of high impact reforms to simplify the processes of business start ups, construction permits, property registration, procurement, and to upgrade regulatory transparency and efficiency in the management of formalities in Mexico.

Mexico’s river basins are under severe water stress. The quality of rivers, lakes and aquifers is declining and floods, droughts, and hurricanes are more frequent. These are some of the alerts signaled in OECD’s Making Water Reform Happen in Mexico.

Mexico regularly faces a wide range of natural hazards, including earthquakes, tropical storms and floods. Over the years, the National Civil Protection System has improved its institutional and operational preparedness to manage these disruptive events. But more can be done to avoid future losses and at the same time support sustainable economic development.

Mexico has achieved a high degree of decentralisation in public services, but the Mexican fiscal federal system has important shortcomings. States and municipalities have become heavily dependent on federal transfers to finance a growing share of public spending.

The OECD and the Municipality of San Luis Potosí in Mexico launched a programme to improve municipal formalities according to the OECD Guide.

This working paper offers an evaluation of the performance of the inland ports of the Slovak Republic within the framework of the Danube Axis, an analysis of the impact of the ports on their territory and an assessment of policies in this field. It examines port performance over the last decades and identifies the principal factors that have contributed to it.

This study analyses the economic rent generated by the exploitation of a non-renewable resource, and the taxation of this rent.

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.

The Government of Mexico have requested an OECD Integrity Review focusing on anti-corruption, conflict of interest prevention and integrity in the public service.

El Gobierno de México solicitó a la OCDE un Estudio sobre Políticas de Integridad, concentrado en el combate a la corrupción, la prevención de conflictos de interés y la integridad en el servicio público.

This chapter begins with a brief socio-economic and institutional overview of the Puebla-Tlaxcala metropolitan region. It then explores the current status of inter-municipal collaboration in two major sectors for urban development: transport and land use. Finally, it reviews existing metropolitan collaboration tools.

Launch of the OECD programme for regulatory improvement in the Municipality of Torreon, Mexico.

The Municipality of San Luis Potosi scores an 87% progress in implementing the OECD Guide to Improve the Quality of State and Municipal Regulations.

Mexico has become a frontrunner in a short time in making government data publicly accessible, but it now needs to put this wealth of digital information to use to foster innovation and benefit the Mexican economy and society, according to a new OECD report.

Blog post on how Mexico's commitment to open data is helping to bring a broad range of innovative services to citizens.

OECD will measure the impact of digitalising the Mexican Social Security Institute formalities and guide future efforts on simplification

The United Nations Office for Disaster Risk Reduction (UNISDR) coordinates global disaster risk reduction efforts among United Nations agencies and international organisations. The OECD is hosting an event to see how governments and stakeholders can best work together to strengthen economic and social resilience through improve risk governance.

Household Saving Rate in Mexico remained unchanged at 21.20 percent in 2019 from 21.20 percent in 2018. Personal Savings in Mexico averaged 22 percent from 2003 until 2019, reaching an all time high of 25.70 percent in 2006 and a record low of 19.80 percent in 2014. This page provides - Mexico Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico scored 29 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Mexico averaged 32.94 Points from 1995 until 2019, reaching an all time high of 37 Points in 2001 and a record low of 26.60 Points in 1997. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Mexico Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports from Mexico in Germany decreased to 580018 EUR THO in February from 709278 EUR THO in January of 2020. Imports from Mexico in Germany averaged 325690.04 EUR THO from 2000 until 2020, reaching an all time high of 849957 EUR THO in June of 2018 and a record low of 86161 EUR THO in May of 2002. This page includes a chart with historical data for Germany Imports from Mexico.

Existing Home Sales in Ireland decreased to 2519 Units in February from 2923 Units in January of 2020. Existing Home Sales in Ireland averaged 2296.48 Units from 2010 until 2020, reaching an all time high of 3671 Units in January of 2015 and a record low of 610 Units in January of 2010. This page provides - Ireland Existing Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Mexico increased to 9763356414 MXN Thousand in March from 9371776319 MXN Thousand in February of 2020. Money Supply M2 in Mexico averaged 3183229804.14 MXN Thousand from 1985 until 2020, reaching an all time high of 10147459591 MXN Thousand in August of 2014 and a record low of 15370409 MXN Thousand in December of 1985. Mexico Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Mexico Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans to Private Sector in Mexico increased to 3040150107 MXN Thousand in March from 2740361883 MXN Thousand in February of 2020. Loans to Private Sector in Mexico averaged 981011898.82 MXN Thousand from 1994 until 2020, reaching an all time high of 3040150107 MXN Thousand in March of 2020 and a record low of 309796117 MXN Thousand in April of 2002. This page provides - Mexico Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.