7-July-2016
English
Could Mexico become the new ‘China’? Policy drivers of competitiveness and productivity
The aim of this paper is two-fold: first, we examine the evolution of total factor productivity in Mexico’s manufacturing sector, as compared to China’s. Second, using regional data for the period 2005–2012, we study the policy impediments behind sluggish productivity improvements, particularly to determine how labour informality may have contributed.
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Boosting Growth and Reducing Informality in Mexico
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.