{
  "title": "Mexico: Staff Report for the 2014 Article IV Consultation",
  "publication": "IMF Staff Country Reports, November 12, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2014-article-iv-consultation-42444",
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  "summary": "This 2014 Article IV Consultation highlights that after a sharp slowdown in 2013, growth in Mexico is projected to recover to 2.4 percent this year. The strong recovery in the United States in the second quarter of 2014 has triggered a rebound in Mexico’s manufacturing production and exports.",
  "sections": [
    {
      "heading": "Growth outlook and near-term projection",
      "content": "- After a sharp slowdown in 2013, growth in Mexico is projected to recover to 2.4 percent this year.\n- The strong recovery in the United States in the second quarter of 2014 has triggered a rebound in Mexico’s manufacturing production and exports.\n- Construction activity is firming up, supported by:\n  - a rebound of residential investment, and\n  - an increase of government spending on infrastructure."
    },
    {
      "heading": "External position and current account",
      "content": "- Mexico’s external position remains broadly consistent with fundamentals and desirable policy settings.\n- In 2014, the current account deficit is projected to remain unchanged, with:\n  - an improving trade balance offset by a continued increase in factor payments."
    },
    {
      "heading": "Key subjects and keywords covered",
      "content": "- Subjects: Bank credit, Expenditure, External debt, Money, Public debt, Public sector borrowing requirements, Revenue administration.\n- Keywords: Bank credit, core inflation, CR, current account, debt burden benchmark, debt stock, exchange rate, GDP, Global, headline inflation, interest rate, ISCR, Mexico's debt dynamics, pass-through to the budget, private bank lending, Public sector borrowing requirements, real GDP, sustainability framework."
    },
    {
      "heading": "Publication metadata and identifiers",
      "content": "- Publication date: November 12, 2014\n- Series: Country Report No. 2014/319\n- Issue: 319\n- Volume: 2014\n- Pages: 72\n- DOI: https://doi.org/10.5089/9781484399408.002\n- ISBN: 9781484399408\n- ISSN: 1934-7685\n- Stock No: 1MEXEA2014001\n\nSource: Mexico: Staff Report for the 2014 Article IV Consultation (IMF Staff Country Report 2014/319).\n\n---\n\n Content in this bundle\n\n- 1. External Sector Assessment\n  - 1. External Sector Assessment (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1. External Sector Assessment (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: November 12, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484399408.002",
    "After a sharp slowdown in 2013, growth in Mexico is projected to recover to 2.4 percent this year.",
    "The strong recovery in the United States in the second quarter of 2014 has triggered a rebound in Mexico’s manufacturing production and exports.",
    "Construction activity is firming up, supported by:",
    "Mexico’s external position remains broadly consistent with fundamentals and desirable policy settings.",
    "In 2014, the current account deficit is projected to remain unchanged, with:",
    "Subjects: Bank credit, Expenditure, External debt, Money, Public debt, Public sector borrowing requirements, Revenue administration.",
    "Keywords: Bank credit, core inflation, CR, current account, debt burden benchmark, debt stock, exchange rate, GDP, Global, headline inflation, interest rate, ISCR, Mexico's debt dynamics, pass-through to the budget, private bank lending, Public sector borrowing requirements, real GDP, sustainability framework.",
    "Publication date: November 12, 2014",
    "Series: Country Report No. 2014/319",
    "Issue: 319",
    "Volume: 2014",
    "Pages: 72",
    "DOI: https://doi.org/10.5089/9781484399408.002",
    "ISBN: 9781484399408",
    "ISSN: 1934-7685",
    "Stock No: 1MEXEA2014001",
    "**1. External Sector Assessment**"
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