{
  "title": "Mexico on the Rebound",
  "publication": "IMF News, November 8, 2021",
  "sourceUrl": "https://www.imf.org/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound",
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  "summary": "<p> The Mexican economy is rebounding from its deepest downturn in decades. </p>",
  "authors": [
    "Swarnali Hannan",
    "Kevin Wiseman IMF Western Hemisphere Department November"
  ],
  "publishDate": "2021-11-08",
  "sections": [
    {
      "heading": "Overview",
      "content": "- By Swarnali Hannan and Kevin Wiseman, IMF Western Hemisphere Department; November 8, 2021.\n- The Mexican economy is rebounding from its deepest downturn in decades and from its steepest recession in decades.\n- Strong US growth and rising vaccination rates are cited as factors spurring the rebound."
    },
    {
      "heading": "Key indicators and developments",
      "content": "- Manufacturing and exports are above pre-pandemic levels.\n- Services are re-opening.\n- Employment is recovering.\n- The pandemic has produced over half a million excess deaths.\n- Per capita incomes in Mexico have continued their long-term divergence from the US.\n- Poverty has increased further."
    },
    {
      "heading": "Challenges",
      "content": "- Raising productivity remains a key challenge.\n- Tackling poverty remains a key challenge.\n- The need to mitigate the scars of the pandemic is emphasized."
    },
    {
      "heading": "Policy implications and recommendations",
      "content": "- Strong US growth will help demand rebound and presents an opportunity to:\n  - Implement policies to secure the recovery.\n  - Mitigate the scars of the pandemic.\n  - Deliver strong, inclusive growth.\n\nBy Swarnali Hannan and Kevin Wiseman, IMF Western Hemisphere Department; November 8, 2021.\n\n---\n\n Content in this bundle\n\n- wpiea2020215-print-pdf\n  - wpiea2020215-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wpiea2020215-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes\n  - wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes (PDF){rel=\"external\" type=\"application/pdf\"}\n- wpiea2021246-print-pdf\n  - wpiea2021246-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wpiea2021246-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- https://www.imf.org/en/News/country-focus\n- PRESS CENTER\n- Mexico’s economy is rebounding\n- Strong US growth\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound"
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    "Authors: Swarnali Hannan, Kevin Wiseman IMF Western Hemisphere Department November",
    "Published: November 8, 2021",
    "By Swarnali Hannan and Kevin Wiseman, IMF Western Hemisphere Department; November 8, 2021.",
    "The Mexican economy is rebounding from its deepest downturn in decades and from its steepest recession in decades.",
    "Strong US growth and rising vaccination rates are cited as factors spurring the rebound.",
    "Manufacturing and exports are above pre-pandemic levels.",
    "Services are re-opening.",
    "Employment is recovering.",
    "The pandemic has produced over half a million excess deaths.",
    "Per capita incomes in Mexico have continued their long-term divergence from the US.",
    "Poverty has increased further.",
    "Raising productivity remains a key challenge.",
    "Tackling poverty remains a key challenge.",
    "The need to mitigate the scars of the pandemic is emphasized.",
    "Strong US growth will help demand rebound and presents an opportunity to:",
    "**wpiea2020215-print-pdf**",
    "**wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes**",
    "**wpiea2021246-print-pdf**",
    "[https://www.imf.org/en/News/country-focus](https://www.imf.org/en/News/country-focus)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[Mexico’s economy is rebounding](https://www.imf.org/en/Publications/CR/Issues/2021/11/05/Mexico-2021-Article-IV-Consultation-Press-Release-and-Staff-Report-504339)",
    "[Strong US growth](https://www.imf.org/en/News/Articles/2021/07/01/na070121-boosting-the-economy-the-impact-of-us-government-spending-plans)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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