Mexico: 2021 Article IV Consultation-Press Release; and Staff Report
International Monetary Fund
No 2021/240, IMF Staff Country Reports from International Monetary Fund
Abstract:
Spurred by strong U.S. growth and rising vaccination rates, the economy is rebounding. The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. Nonetheless, Mexico is bearing a very heavy humanitarian, social, and economic cost from COVID-19, including over half a million excess deaths, sizable under-employment, an increase in already-high levels of poverty, and learning losses for the young. Real income per capita is continuing its long-run divergence from the U.S., while additional challenges are emerging from technological shifts and climate change.
Keywords: liability positions vis-à-vis nonresident; data ROSC update; ROSC mission; Policy discussion; climate change mitigation policy; Inflation; External sector statistics; Central bank policy rate; Government finance statistics; Global (search for similar items in EconPapers)
Pages: 83
Date: 2021-11-05
New Economics Papers: this item is included in nep-mac
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