## Mexico: Staff Report for the 2002 Article IV Consultation

_IMF Staff Country Reports, October 30, 2002_

## Source details

**Canonical URL:** [Mexico: Staff Report for the 2002 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/mexico-staff-report-for-the-2002-article-iv-consultation-16151)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/mexico-staff-report-for-the-2002-article-iv-consultation-16151/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/mexico-staff-report-for-the-2002-article-iv-consultation-16151/index.json)
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## Bibliographic details
- Published: October 30, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825589.002

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### Key findings
- 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.

### Economic performance (2001–2002)
- 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.

### Subjects and keywords
- 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

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## Content in this bundle

- **IMF Concludes 2002 Article IV Consultation with Mexico**
  - [IMF Concludes 2002 Article IV Consultation with Mexico (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02237.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Concludes 2002 Article IV Consultation with Mexico (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02237.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/mexico-staff-report-for-the-2002-article-iv-consultation-16151_