The macroeconomic uncertainty facing Mexico in 2018 creates challenges for the country’s labour market. With both external and internal challenges, it is more important than ever for the country to pass legislation to help its labour market grow and mature so that it can provide a wider variety of jobs with respectable salaries. Since the...
TRANSPORT: There are 85 airports in Mexico, 59 of them international. Due to the vast distances there are to travel within a country that spans nearly 2m sq km, flying is one of the most common modes of transport. Numerous low-cost airlines, such as Interjet, Volaris and VivaAerobús, operate on key routes...
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial...
During 2017 the economy experienced moderate growth, mainly due to dynamic consumer activity. Despite the fact that GDP is forecast to grow at a rate of 2.3% in 2018, up from 1.5% the previous year, Mexico is set to face some economic challenges in 2018. Trade negotiations between the US and Canada, as well as the federal elections in July...
Since enacting a constitutional change defining the right to education in 2013, Mexico has been working to implement sector reforms to enhance the national school system. As the domestic economy is primarily focused on technical export manufacturing, the reforms aim to strengthen the primary and secondary education system to increase the flow...
In 2017 Mexico’s GDP grew by 1.5%. GDP growth of 2.3% is expected in 2018. The latter compares positively against the projected average of Latin America economies, although it is lower than what was expected from the implementation of the structural reforms described below.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×