{
  "title": "Mexico: Staff Report for the 2011 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 8, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2011-article-iv-consultation-25146",
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  "summary": "Strong fundamentals and a policy track record helped Mexico to withstand the fallout from the global crisis and aided recovery. The policy challenges have to take due account of significant global uncertainty, employment generation, and long-term fiscal reforms.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Strong fundamentals and a policy track record helped Mexico to withstand the fallout from the global crisis and aided recovery.\n- The flexible exchange rate regime has helped Mexico.\n- Advancing structural reforms to increase productivity and promote investment will help in increasing the growth potential."
    },
    {
      "heading": "Policy challenges and recommendations",
      "content": "- Policy challenges must take due account of:\n  - significant global uncertainty,\n  - employment generation,\n  - long-term fiscal reforms.\n- The economy will benefit from rebuilding fiscal policy buffers over the medium-term.\n- Advancing structural reforms to increase productivity and promote investment is recommended to raise growth potential."
    },
    {
      "heading": "Long-term risks and challenges",
      "content": "- Declining oil reserves relative to GDP.\n- Population aging."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, External debt, Financial crises, Inflation, Prices, Public debt, Real interest rates, Revenue administration\n- Keywords: CR, credit growth, debt ratio, debt stock, debt-creating flow, Global, Inflation, ISCR, maturity ladder, Mexico, Mexico's sound public sector, private sector balance sheets, real GDP, sustainability framework\n\nInternational Monetary Fund. \"Mexico: Staff Report for the 2011 Article IV Consultation\", IMF Staff Country Reports 2011, 250 (2011).\n\n---\n\n Content in this bundle\n\n- Mexico: 2011 Article IV consultation--Staff Report; Country Report 11/250; July 11, 2011\n  - Mexico: 2011 Article IV consultation--Staff Report; Country Report 11/250; July 11, 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Mexico: 2011 Article IV consultation--Staff Report; Country Report 11/250; July 11, 2011 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 8, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781462325429.002",
    "Strong fundamentals and a policy track record helped Mexico to withstand the fallout from the global crisis and aided recovery.",
    "The flexible exchange rate regime has helped Mexico.",
    "Advancing structural reforms to increase productivity and promote investment will help in increasing the growth potential.",
    "Policy challenges must take due account of:",
    "The economy will benefit from rebuilding fiscal policy buffers over the medium-term.",
    "Advancing structural reforms to increase productivity and promote investment is recommended to raise growth potential.",
    "Declining oil reserves relative to GDP.",
    "Population aging.",
    "Subject: Banking, External debt, Financial crises, Inflation, Prices, Public debt, Real interest rates, Revenue administration",
    "Keywords: CR, credit growth, debt ratio, debt stock, debt-creating flow, Global, Inflation, ISCR, maturity ladder, Mexico, Mexico's sound public sector, private sector balance sheets, real GDP, sustainability framework",
    "**Mexico: 2011 Article IV consultation--Staff Report; Country Report 11/250; July 11, 2011**"
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