Economic and Financial Reform in Mexico: Challenges and Opportunities to 2025

Abstract

This paper begins with a review Mexico’s vital statistics, and some past and recent economic and political highlights. Mexico is assuming a larger and more prominent role in the global economy because of its abundant energy resources, its favorable demographics, its proximity to the large -- and rich -- North American market, and its openness to trade. Using a well-known framework that assesses the performance of a national economy that participates in the wider global economy, I identify the strengths and weaknesses of the Mexican economy that should be exploited or addressed to the end of enhancing the future performance of the economy.