{
  "title": "Mexico: Staff Report for the 2002 Article IV Consultation",
  "publication": "IMF Staff Country Reports, October 30, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/mexico-staff-report-for-the-2002-article-iv-consultation-16151",
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  "summary": "This 2002 Article IV Consultation highlights that the economic slowdown in the United States triggered a sharp weakening in Mexican economic activity in 2001 from the rapid pace in the preceding year.",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- The economic slowdown in the United States triggered a sharp weakening in Mexican economic activity in 2001 from the rapid pace in the preceding year.\n- There was a marked deceleration in domestic demand growth, as disposable income was adversely affected by a contraction in employment and confidence sagged.\n- Economic activity rebounded strongly in the second quarter of 2002, as exports were supported by stronger demand from the United States and final domestic demand grew sharply."
    },
    {
      "heading": "Economic performance (2001–2002)",
      "content": "- 2001: Sharp weakening in Mexican economic activity linked to the U.S. economic slowdown.\n- Early 2002: Marked deceleration in domestic demand due to lower disposable income, contracting employment, and weakened confidence.\n- Q2 2002: Strong rebound in economic activity driven by stronger U.S. demand for exports and a sharp rise in final domestic demand."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public sector\n- Keywords: authority, corporate bond bond market, CR, Credit, deficit, Global, inflation rate, interest rate movement, ISCR, monetary policy stance, Public sector, reform effort, yield curve\n\n---\n\n Content in this bundle\n\n- IMF Concludes 2002 Article IV Consultation with Mexico\n  - IMF Concludes 2002 Article IV Consultation with Mexico (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - IMF Concludes 2002 Article IV Consultation with Mexico (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 30, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451825589.002",
    "The economic slowdown in the United States triggered a sharp weakening in Mexican economic activity in 2001 from the rapid pace in the preceding year.",
    "There was a marked deceleration in domestic demand growth, as disposable income was adversely affected by a contraction in employment and confidence sagged.",
    "Economic activity rebounded strongly in the second quarter of 2002, as exports were supported by stronger demand from the United States and final domestic demand grew sharply.",
    "2001: Sharp weakening in Mexican economic activity linked to the U.S. economic slowdown.",
    "Early 2002: Marked deceleration in domestic demand due to lower disposable income, contracting employment, and weakened confidence.",
    "Q2 2002: Strong rebound in economic activity driven by stronger U.S. demand for exports and a sharp rise in final domestic demand.",
    "Subject: Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public sector",
    "Keywords: authority, corporate bond bond market, CR, Credit, deficit, Global, inflation rate, interest rate movement, ISCR, monetary policy stance, Public sector, reform effort, yield curve",
    "**IMF Concludes 2002 Article IV Consultation with Mexico**"
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