Create bookmark
OECD Economic Surveys: Mexico 2011
Do you like this document?
Notes
Please login to add notes
- Table of contents
- Basic statistics of Mexico 2009
- Executive summary
-
+
Assessment and recommendations
- Figure 1. The recovery is robust
- Table 1. Demand, output and prices
- Figure 2. The output gap widened sharply during the recession
- Figure 3. Bank credit and services value added contracted sharply
- Box 1. Main recommendations for supporting the recovery and further stabilising the economy
- Figure 4. Tax revenue from different sources across selected countries
- Figure 5. Non-oil budget balance
- Figure 6. Effectiveness of value added taxes as measured by the VAT revenue ratio
- Figure 7. “Subsidio para el empleo” across income deciles
- Figure 8. Taxes on property
- Box 2. Main recommendations for increasing the effectiveness and efficiency of spending and taxes
- Figure 9. Employment protection legislation (EPL) for regular workers, 2008
- Box 3. Main recommendations for reducing informality
- Box 4. Main recommendations for simplifying business regulation
- Box 5. Main recommendations for strengthening competition
- Box 6. Main recommendations for raising the quality of education
- Bibliography
- Annex A1. Progress in structural reform
-
+
Chapter 1.
Macroeconomic and structural policies to further stabilise the economy
- Figure 1.1. The output gap widened sharply during the recession
- + The recession of 2008-09 in international perspective
-
+
Macroeconomic policies could contribute more to output stabilisation
- + Structural policy reforms would enhance the economy’s capacity to withstand shocks
- + Concluding remarks
- Notes
- Bibliography
- + Annex 1.A1. Monetary policy response function
- + Annex 1.A2. Foreign exchange demand equation
-
+
Chapter 2.
Fiscal reform for a stronger fairer and cleaner Mexican economy
- + Main challenges
-
+
Improving spending efficiency
- + Mexico should aim to make the tax-benefit system more progressive
- + Mexico’s in-work tax credit can complement cash transfers to the poor, but should be reviewed
- + Help for low-income households to better cope with energy costs should be restructured
- + Complementary measures could alleviate the impact of lower energy subsidies on consumers
- Mexico should also consider an emission trading system or higher environmental taxes
- + There is scope to raise the efficiency of agricultural spending
- The government works to reduce its operational and personnel costs
-
+
Broadening the tax base
- + Only effective and efficient tax expenditures should be retained
- + The special tax regimes should be reconsidered
- + The VAT tax base should be broadened with compensations for lower-income households
- The government should move towards taxing untaxed wage elements
- Deciding on the future business tax model requires a thorough evaluation of the business flat tax
- + Increasing subnational government tax revenues in Mexico
- + Making further progress in combating tax evasion
- + Concluding remarks
- Bibliography
-
+
Chapter 3.
Structural reforms in regulatory, competition and education policies to achieve faster productivity growth
- Figure 3.1. Gaps in GDP per capita and productivity
- Figure 3.2. The sources of persisting real income differences
- + Improving regulation can have a significant impact on productivity growth
-
+
Mexico is making efforts to ease business regulations
- + Mexico needs more competition to spur growth and improve consumer welfare
-
+
Better education would enhance economic growth and the well-being of Mexico’s citizens
- Notes
- Bibliography
-
+
Chapter 4.
Informality
- + An active strategy to fight informality is warranted
- + Informality can be a symptom, but also a cause of lower productivity
-
+
Policy reforms are needed to reduce informality and enhance productivity
- Bibliography
The 2011 edition of OECD's periodic economic survey of Mexico. This edition includes chapters on macroeconomic and structural policies, fiscal reform, structural reforms in regulatory, competition and education policies; and informality.
Your free to read time expires in minutes. After that you have to pause for an hour.
Book Details
Editors
Categories
Business & Economics > Forecasting
Publishers
Publication year : 2011
License: All rights reserved ©
Times read: 35

