Mexico: 2021 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, November 5, 2021
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- Mexico: 2021 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: November 5, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781557753144.002
Economic rebound and drivers
- Spurred by strong U.S. growth and rising vaccination rates, the economy is rebounding.
- Real income per capita is continuing its long-run divergence from the U.S.
Humanitarian, social, and economic costs of COVID-19
- 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
- learning losses for the young
Stability achievements
- The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades.
Emerging challenges
- Additional challenges are emerging from technological shifts and climate change.
Publication and metadata
- Series: Country Report No. 2021/240
- Issue: 240
- Volume: 2021
- Pages: 83
- DOI: https://doi.org/10.5089/9781557753144.002
- Stock No: 1MEXEA2021001
- ISBN: 9781557753144
- ISSN: 1934-7685
- Subject: Central bank policy rate, Economic and financial statistics, External sector statistics, Financial services, Government finance statistics, Inflation, International organization, Monetary policy, Prices, Public debt
- Keywords: Central bank policy rate, climate change mitigation policy, data ROSC update, External sector statistics, Global, Government finance statistics, Inflation, liability positions vis-à-vis nonresident, Policy discussion, ROSC mission
International Monetary Fund. Mexico: 2021 Article IV Consultation-Press Release; and Staff Report (Country Report No. 2021/240).
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- 1mexea2021001