Mexico’s economic growth puzzle: A conversation with Santiago Levy [1]

Since the 1990s, Mexican governments have done a lot right economically speaking. Inflation has been brought down and the economy stabilised, while exports have also flourished. And yet Mexico has struggled to translate this into significant economic growth. In this VoxDev talk, Santiago Levy discusses his book Under-rewarded efforts: The elusive quest for prosperity in Mexico, which attempts to explain this puzzle. He illustrates that the key to this paradox is the huge productivity differences that exist among Mexican firms. 

Standfirst: 
Why has economic growth stuttered in Mexico despite, on the face of it, implementation of sensible economic policies by successive governments?
Interviewee: 
santiago.levy [2]
Date Published: 
Wednesday, December 4, 2019
Tags: 
Mexico [3]
Labour Markets [4]
economic growth [5]
productivity [6]
Washington Consensus [7]
informality [8]
Social services [9]
Cover Image: 
Topic: 
Macroeconomics & Growth [10]
Related Content: 
Lessons from Mexico’s poverty reduction programme [11]
The long-term effects of cash transfers: Mexico’s Progresa [12]
Improving payroll-tax compliance through decentralised monitoring: Evidence from Mexico [13]
Embed Source: 
https://embeds.audioboom.com/posts/7441023/embed/v4
Photo Credit: 
Brian Fitzharris/flickr