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IMFBlog2019-03-13T10:48:43-04:00December 18, 2018|
December 18, 2018
A woman sells street food at a market stall in Mexico City, Mexico: the country’s spike in crime is hurting small businesses’ profitability (photo: Jonah_Photos/iStock)
The human and economic costs of crime in Mexico have risen to historic highs. 2017 was Mexico’s most violent year on record with over 25,000 homicides—a 50 percent jump since 2015. (more…)
IMFBlog2017-04-15T14:30:43-04:00December 13, 2010|
(Version in Español)
Ahead of my arrival today in Mexico with the IMFs Managing Director Dominique Strauss-Kahn, I can’t help but reflect on how things have changed for the better in Mexico over the past decade in the sphere of economic policy. At the same time, I am struck by the importance of the task ahead for Mexico: grasping the opportunities offered by the changing global scene.
Strong frameworks
Mexico’s economic institutions have been very substantially strengthened. The balanced budget fiscal rule has supported fiscal discipline and a reduction in public debt. Moreover the structure of this debt has been radically improved—Mexico has created a deep domestic bond market and extended maturities. The introduction of inflation targeting has cemented the credibility of Banxico and fostered a reduction in inflation—that most unequal of taxes on the poorest—to low single digit levels. Meanwhile, the deep commitment to the flexible exchange regime has created an important safety valve for the economy. (more…)
IMFBlog2020-10-23T12:48:52-04:00October 22, 2020|
By Samuel Pienknagura, Jorge Roldós, and Alejandro Werner
COVID-19 has hit Latin America and the Caribbean harder than other parts of the world, both in human and economic terms. (more…)
IMFBlog2020-09-24T11:06:13-04:00September 22, 2020|
Dora Iakova is an Assistant Director in the IMF’s European Department, currently working on Spain and European climate policies. She has been mission chief for the United Kingdom, Mexico, Chile, Norway, and has led the Regional Studies Division in the Western Hemisphere Department. Prior to that she worked for a number of advanced and emerging market economies in Asia and Europe at the IMF.
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IMFBlog2020-08-14T10:32:05-04:00August 6, 2020|
By Martin Mühleisen, Tryggvi Gudmundsson, and Hélène Poirson Ward
عربي, 中文, Español, Français, 日本語, Português, Русский
The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. (more…)
IMFBlog2020-07-29T14:36:38-04:00July 28, 2020|
By Vitor Gaspar, Martin Mühleisen, and Rhoda Weeks-Brown
عربي, 中文, Español, Français, 日本語, Português, Русский
Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens. (more…)
IMFBlog2020-07-21T11:17:45-04:00July 13, 2020|
Marina M. Tavares is an economist in the Research Department of the International Monetary Fund (IMF). She was previously an economist in the Strategy, Policy, and Review Department (SPR) and led the IMF-DFID inequality workstream. Before joining the Fund, Marina worked as an assistant professor at Instituto Tecnologico Autonomo de Mexico (ITAM). She holds a Ph.D. in Economics from the University of Minnesota and an M.A. from the Instituto de Matematica Pura e Aplicada (IMPA). Her research interests include macroeconomics, public finance, gender, and inequality.
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IMFBlog2020-07-10T14:43:10-04:00July 7, 2020|
By Mariya Brussevich, Era Dabla-Norris, and Salma Khalid
عربي, 中文, Español, Français, 日本語, Português, Русский
The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future. (more…)
IMFBlog2020-06-29T09:00:11-04:00June 29, 2020|
COVID-19 and the Great Lockdown triggered a mass migration from analog to digital and highlighted that access to the Internet is crucial for socioeconomic inclusion. (more…)
IMFBlog2020-07-16T10:34:20-04:00June 26, 2020|
Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll has also been steep. (more…)
