Harnessing nearshoring opportunities in Mexico by boosting productivity and fighting climate change
Alberto González Pandiella and
Alessandro Maravalle
No 1799, OECD Economics Department Working Papers from OECD Publishing
Abstract:
Mexico has large potential to boost its productivity and attract investment from companies looking to relocate their operations to North America. It also has an historic opportunity to spread the benefits of trade throughout the country, integrate SMEs more forcefully into value chains and to create more and better value chain linkages. Nearshoring is also an opportunity to step up efforts to address and mitigate climate change. Fully realising these opportunities will require addressing long standing challenges related to transport and digital connectivity, regulations, the rule of law, renewable energy and water scarcity.
Keywords: Competition; Digitalization; Logistics; Nearshoring; Productivity; renewables; Rule of Law; Trade; Water (search for similar items in EconPapers)
JEL-codes: B27 K42 L41 L96 Q25 Q4 (search for similar items in EconPapers)
Date: 2024-05-07
New Economics Papers: this item is included in nep-ene, nep-env, nep-int and nep-law
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Persistent link: https://EconPapers.repec.org/RePEc:oec:ecoaaa:1799-en
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