Mexico has completed its domestic ratification procedures in respect of the new US-Mexico-Canada Agreement (USMCA), which will replace the North American Free Trade Agreement, with the US and Canada.
Synthetic corticosteroid drugs, when used for prolonged duration of time, increase adrenal gland inflammation in response to bacterial infection. Synthetic
Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact.
Chronic nicotine inhalation modifies both systemic and pulmonary blood pressure, with the latter accompanied by right ventricular remodeling, possibly
Initial observations showed that an ingredient in tobacco, probably nicotine, could put smokers at a lower risk of getting the disease. The researchers
Breastfeeding mothers who use e-cigarettes or nicotine replacement therapies may be putting their breastfed babies at higher risk for skull defects, reports a new study.
On March 16th, 2020, Royal Park Hotels and Resorts Company, Ltd. (hereafter RPHS) launches The Royal Park Hotel Iconic Osaka Midosuji, its second hotel in Osaka, bringing together Japanese charm and modern design elements. Over the next 5 years, RPHS plans to open six more hotels in Kyoto, Kobe, Nagoya, and Tokyo. The new hotel forms part of the ICONIC brand, the flagship line of RPHS' "THE" series for premium limited service hotels. Targeting business and bleisure travelers the hotel features a total of 352 rooms including two executive floors with 48 rooms, restaurants, two gyms, English-speaking guest relations staff, executive lounge, and meeting facilities on the executive floor with complimentary two-hour usage. Visitors benefit from the new hotel being a part of the "Preferred Hotels & Resorts", the world's largest independent hotel group representing more than 750 distinctive hotels, resorts, residences and unique hotel groups across 85 countries. It is located in the brand-ne...
Angel Gurría, OECD Secretary-General, welcomes the positive outcome of the trade negotiations, carried out by the representatives of Mexico and the United States, which will be joined by Canada shortly.
OECD Secretary-General Angel Gurría has welcomed the announcement of a new, modernised United States-Mexico-Canada Agreement.
Angel Gurría, OECD Secretary-General, welcomes the positive outcome of the trade negotiations, carried out by the representatives of Mexico and the United States, which will be joined by Canada shortly.
OECD Secretary-General Angel Gurría has welcomed the announcement of a new, modernised United States-Mexico-Canada Agreement.
Employment Rate in Mexico increased to 97.06 percent in March from 96.43 percent in February of 2020. Employment Rate in Mexico averaged 95.79 percent from 2005 until 2020, reaching an all time high of 97.23 percent in December of 2005 and a record low of 93.58 percent in September of 2009. In Mexico, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Mexico Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The OECD welcomes the initiative by the Mexican Institute for Social Security (IMSS) to organise reverse auctions for the procurement of medicines. This is a further step forward in the fight against collusion in public procurement and the latest in a series of improvements in procurement by IMSS that have already saved the taxpayer billions of pesos.
This report documents procurement regulations and practices in Mexico's State's Employees' Social Security and Social Services Institute(ISSSTE) and makes policy recommendations in key procurement areas.
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.
This OECD report presents market studies practices in the six Latin America countries and provides areas for improvement on how to improve their legal and institutional set-up based on competition agencies’ practices.
In the framework of an OECD project with the Mexican Ministry of Economy, this manual provides guidance on how to carry out an inquiry or examination into a particular market when there is a suspicion or indication that a market is not functioning well. It explains what market examinations are as well as their purposes, intended outcomes and substantive content.
This report analyses procurement rules and regulations in Mexico's state-owed petroleum company (PEMEX) and makes policy recommendations to promote competition and fight bid rigging in accordance with international best practices.
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.
México tiene una de las tasas más altas de obesidad: casi uno de cada tres adultos son obesos. Como consecuencia, los mexicanos viven en promedio 4,2 años menos debido al sobrepeso, la mayor reducción en esperanza de vida de todos los países analizados. Las repercusiones sobre la economía son destacables: el sobrepeso representa el 8,9% del gasto en salud.
Mexico has one of the highest rates of obesity: nearly one in three adults are obese. As a result, Mexicans live on average 4.2 years less due to overweight, the largest reductions in life expectancy of all countries analysed. The impact on the economy is large: overweight accounts for 8.9% of health expenditure; and lowers labour market outputs by the equivalent of 2.4m full time workers per year.
This country note explains how Mexico 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.
Mexico is one of the few OECD countries where gains in life expectancy have not slowed down in recent years. Nevertheless, life expectancy remains approximately five years below the OECD average. Health care expenditure comprises 5.5% of GDP, which is amongst the lowest across OECD countries. Coverage for a core set of health services in Mexico is the lowest in the OECD at 89.3%.
México es uno de los pocos países de la OCDE donde las ganancias en la esperanza de vida no se han desacelerado en los últimos años. El gasto sanitario representa el 5,5% del PIB, que se encuentra entre los más bajos de los países OCDE. La cobertura de un conjunto básico de servicios de salud en México es la más baja en la OCDE con 89,3%.
The tax-to-GDP ratio in Mexico did not change between 2017 and 2018. The tax-to-GDP ratio remained at 16.1%. The corresponding figure for the OECD average was a slight increase of 0.1 percentage points from 34.2% to 34.3% over the same period
This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.
This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.
The tax wedge for the average single worker in Mexico increased by 0.4 percentage points from 19.7 in 2018 to 20.1 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Mexico had the 34th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Mexico's tax-to-GDP ratio in 2018 (16.1%) was below the LAC average (23.1%)¹ in this year's Revenue Statistics in Latin America and the Caribbean publication by 6.9 percentage points and below the OECD average (34.3%).
La recaudación tributaria sobre PIB de México en 2018 (16.1%) estuvo por debajo del promedio de ALC (23.1%)¹ en la publicación de este año de las Estadísticas tributarias en América Latina y el Caribe en 6.9 puntos porcentuales y por debajo del promedio de la OCDE (34.3%).
Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Banks Balance Sheet in Mexico increased to 83459512 MXN Million in February from 82402030 MXN Million in January of 2020. Banks Balance Sheet in Mexico averaged 12048596.95 MXN Million from 2000 until 2020, reaching an all time high of 84367340 MXN Million in November of 2019 and a record low of 1171622 MXN Million in April of 2002. This page provides the latest reported value for - Mexico Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Mexico recorded a government budget deficit of 30159.60 MXN Million in February of 2020. Government Budget Value in Mexico averaged -13518.94 MXN Million from 1990 until 2020, reaching an all time high of 340612.40 MXN Million in March of 2017 and a record low of -308191.94 MXN Million in December of 2017. In Mexico, the public budget includes, not only government expenses and revenues, but also financial balance of entities under indirect budgetary control, and external and internal financing requirement. This page provides - Mexico Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.
Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Mexico needs serious investment in prevention programmes to address its massive, and still rising, obesity rate, according to a new OECD report.
Although many health indicators are improving in Mexico, the country has the lowest life expectancy in the OECD. This is due to unhealthy lifestyles with higher risk factors to health leading to chronic diseases and mortality, but also to persisting barriers of access to high-quality health care services.
Unemployment Rate in Mexico decreased to 2.90 percent in March from 3.60 percent in February of 2020. Unemployment Rate in Mexico averaged 3.74 percent from 1994 until 2020, reaching an all time high of 6.42 percent in September of 2009 and a record low of 2.22 percent in March of 1997. In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The transportation sub-index of the CPI basket in Mexico decreased to 95 points in April of 2020 from 102.25 points in March of 2020. CPI Transportation in Mexico averaged 43.80 points from 1981 until 2020, reaching an all time high of 105.61 points in January of 2020 and a record low of 0.06 points in January of 1981. This page provides - Mexico Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The number of employed persons in Mexico increased to 55683450 in the fourth quarter of 2019 from 55201939 in the third quarter of 2019. Employed Persons in Mexico averaged 46203437.18 from 2000 until 2019, reaching an all time high of 55683450 in the fourth quarter of 2019 and a record low of 37970852 in the third quarter of 2000. In Mexico, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Mexico Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This report analyses the emergence and potential of ICOs as a financing mechanism for start-ups and small and medium-sized enterprises (SMEs), examines the benefits and challenges of this mechanism for small businesses and investors, and discusses policy implications of ICO activity for inclusive financing of SMEs and the real economy.
Standard & Poor's credit rating for Mexico stands at BBB with negative outlook. Moody's credit rating for Mexico was last set at Baa1 with negative outlook. Fitch's credit rating for Mexico was last reported at BBB- with stable outlook. DBRS's credit rating for Mexico is BBB with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mexico thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mexico as reported by major credit rating agencies.
Capacity Utilization in Mexico decreased to 81.40 percent in February from 81.60 percent in January of 2020. Capacity Utilization in Mexico averaged 79.68 percent from 2007 until 2020, reaching an all time high of 82.60 percent in July of 2019 and a record low of 74.10 percent in February of 2009. This page provides - Mexico Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Imports from Mexico in Turkey increased to 65310.70 USD THO in March from 62270.87 USD THO in February of 2020. Imports from Mexico in Turkey averaged 65971.24 USD THO from 2014 until 2020, reaching an all time high of 130341 USD THO in October of 2014 and a record low of 34266.76 USD THO in October of 2018. This page includes a chart with historical data for Turkey Imports from Mexico.
Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size.
Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously.
As Mexico seeks to boost economic growth, pressures on its natural resources and environmental outcomes may intensify, jeopardizing the sustainability of that growth and the well-being of the population.