Mexico: Selected Issues
December 23, 2004
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This Selected Issues paper analyzes the sources of Mexico’s economic growth since the 1960s, and compares various decompositions of historical growth into trend and cyclical components. The role of the implied output gaps in the inflation process is assessed. The paper presents medium-term paths for GDP based on alternative productivity growth rates. The paper also describes the significant steps Mexico has taken to strengthen the structure of its public debt in recent years, both in terms of currency composition and maturity.
Subject: Domestic debt, Exports, External debt, International trade, Output gap, Production, Public debt, Total factor productivity
Keywords: Africa, Central America, CR, debt structure, deficit, deficit objective, Domestic debt, East Asia, Eastern Europe, Exports, Global, government debt, interest rate, ISCR, Output gap, primary spending, PRONAFIDE, TFP growth, Total factor productivity
Pages:
128
Volume:
2004
DOI:
Issue:
418
Series:
Country Report No. 2004/418
Stock No:
1MEXEA0032004
ISBN:
9781451825626
ISSN:
1934-7685
